£903,785
This estimated value is based upon the latest sale price for the house of £150,500 on 8 Nov 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £150,500 | 8 Nov 2023 |
| £110,000 | 27 Feb 2015 |
| £115,000 | 23 Oct 2006 |
| £103,000 | 20 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in November 2023 the House Price Index for ISLE OF WIGHT was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £150,500 results in an estimated price of approximately £903,785.
| 8 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £150,500 | £753,285 | £903,785 |
The Postcode Pricing Model uses changes in average sales price within the PO40 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 53.979 % | £81,237 | £231,737 |
| 3 Month Average | 52.111 % | £78,427 | £228,927 |
| 6 Month Average | 12.757 % | £19,198 | £169,698 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 21 Jan 2013.
The average size of a house on COLWELL LANE is 105 sq meters (1,136 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Colwell Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Solent Gardens |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Solent Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Solent Gardens |
| Jan 2024 | Public order | Under investigation | On or near Solent Gardens |