£589,077
This estimated value is based upon the latest sale price for the house of £335,000 on 15 May 2006. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £335,000 | 15 May 2006 |
| £312,500 | 21 Oct 2005 |
| £185,000 | 14 Feb 2001 |
| £140,000 | 4 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 May 2006 the House Price Index for ISLE OF WIGHT was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £335,000 results in an estimated price of approximately £589,077.
| 15 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £335,000 | £254,077 | £589,077 |
The Postcode Pricing Model uses changes in average sales price within the PO35 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 | 20.616 % | £69,062 | £404,062 |
| 3 Month Average | 46.782 % | £156,719 | £491,719 |
| 6 Month Average | 73.561 % | £246,430 | £581,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £326,099 | £320,000 | 46A LINCOLN WAY |
| 9 Nov 2022 | £194,092 | £195,000 | 55A HOWGATE ROAD |
| 26 Aug 2022 | £261,221 | £260,000 | 24 LINCOLN WAY |
| 20 Jul 2022 | £545,466 | £540,000 | 11 HOWGATE ROAD |
| 24 Mar 2022 | £276,642 | £265,000 | 37 LINCOLN WAY |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 22 Nov 2012. Using an estimated price of £589,078 means this house is valued at £4,148 per sq meter (£385 per sq foot).
The average size of a house on NANSEN CLOSE is 181 sq meters (1,955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rolfs Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Sycamore Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Road |