£682,117
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Oct 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 2 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 October 2000 the House Price Index for ISLE OF WIGHT was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £185,000 results in an estimated price of approximately £682,117.
| 2 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £185,000 | £497,117 | £682,117 |
The Postcode Pricing Model uses changes in average sales price within the PO36 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 | 94.773 % | £175,329 | £360,329 |
| 3 Month Average | 169.952 % | £314,411 | £499,411 |
| 6 Month Average | 167.859 % | £310,539 | £495,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £353,018 | £345,000 | 22 NUNWELL STREET |
| 21 Apr 2023 | £402,529 | £395,000 | 7B ELMBANK GARDENS |
| 16 May 2022 | £193,491 | £188,450 | 19 FAIRFIELD GARDENS |
| 22 Apr 2022 | £259,355 | £250,000 | 3A HILL STREET |
| 15 Dec 2021 | £480,292 | £445,000 | ORCHARD LEE NUNWELL STREET |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 14 Aug 2015. Using an estimated price of £682,117 means this house is valued at £5,090 per sq meter (£472 per sq foot).
The average size of a house on ELMBANK GARDENS is 164 sq meters (1,767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Rise |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Park Rise |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nunwell Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nunwell Street |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Sandown |