£193,808
This estimated value is based upon the latest sale price for the house of £52,000 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
There has been one burglary within the last year on or near Nelson Road
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| Price Paid | Date |
|---|---|
| £52,000 | 25 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2000 the House Price Index for ISLE OF WIGHT was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £52,000 results in an estimated price of approximately £193,808.
| 25 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £52,000 | £141,808 | £193,808 |
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 | 208.954 % | £108,656 | £160,656 |
| 3 Month Average | 202.225 % | £105,157 | £157,157 |
| 6 Month Average | 211.597 % | £110,030 | £162,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £172,653 | £170,000 | 23 NELSON ROAD |
| 19 Dec 2023 | £201,182 | £195,000 | 39 WHITEPIT LANE |
| 27 Oct 2023 | £255,810 | £250,000 | 28 NELSON ROAD |
| 17 Aug 2023 | £239,316 | £235,000 | 46 WHITEPIT LANE |
| 26 Apr 2022 | £220,971 | £213,000 | 27 LINDEN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Nov 2021. Using an estimated price of £193,809 means this house is valued at £2,484 per sq meter (£230 per sq foot).
The average size of a house on NELSON ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nelson Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Nelson Road |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Nelson Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Road |