£252,708
This estimated value is based upon the latest sale price for the house of £73,000 on 27 Apr 2001. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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Price Paid | Date |
---|---|
£73,000 | 27 Apr 2001 |
£52,000 | 22 Mar 1999 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 April 2001 the House Price Index for ISLE OF WIGHT was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £73,000 results in an estimated price of approximately £252,708.
27 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 148.6 | 246.176 % | £73,000 | £179,708 | £252,708 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | 99.908 % | £72,933 | £145,933 |
3 Month Average | 171.435 % | £125,147 | £198,147 |
6 Month Average | 176.700 % | £128,991 | £201,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £170,000 | £170,000 | 23 NELSON ROAD |
9 Aug 2023 | £213,871 | £212,000 | 72 TRAFALGAR ROAD |
11 Aug 2022 | £171,040 | £171,500 | 64 TRAFALGAR ROAD |
26 Apr 2022 | £219,347 | £213,000 | 27 LINDEN ROAD |
14 Feb 2022 | £131,087 | £125,000 | 82 TRAFALGAR ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 22 Oct 2013. Using an estimated price of £252,709 means this house is valued at £2,502 per sq meter (£232 per sq foot).
The average size of a house on NELSON ROAD is 87 sq meters (938 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Nelson Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nelson Road |
Feb 2024 | Anti-social behaviour | On or near Nelson Road |