£201,188
This estimated value is based upon the latest sale price for the house of £148,500 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for ISLES OF SCILLY 1
There has been one burglary within the last year on or near Back Lane
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| Price Paid | Date |
|---|---|
| £148,500 | 22 Jan 2016 |
| £107,500 | 18 May 2001 |
| £50,000 | 31 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for ISLES OF SCILLY to estimate the market value.
When this house was purchased in January 2016 the House Price Index for ISLES OF SCILLY was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £148,500 results in an estimated price of approximately £201,188.
| 22 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £148,500 | £52,688 | £201,188 |
The Postcode Pricing Model uses changes in average sales price within the TR21 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 | 581.116 % | £862,957 | £1,011,457 |
| 3 Month Average | 127.457 % | £189,273 | £337,773 |
| 6 Month Average | 136.219 % | £202,285 | £350,785 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Shoplifting | Under investigation | On or near Back Lane |
| Mar 2024 | Anti-social behaviour | On or near Garrison Hill | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Garrison Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Garrison Hill |
| Mar 2024 | Burglary | Further action is not in the public interest | On or near Back Lane |