£216,939
This estimated value is based upon the latest sale price for the house of £127,500 on 21 Nov 2011. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £127,500 | 21 Nov 2011 |
| £119,000 | 14 Feb 2004 |
| £60,000 | 14 May 1998 |
| £41,500 | 27 Jun 1996 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 November 2011 the House Price Index for ISLE OF WIGHT was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.149%.Applying this 70.149% change to the original purchase price of £127,500 results in an estimated price of approximately £216,939.
| 21 Nov 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.149 % | £127,500 | £89,439 | £216,939 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 59.773 % | £76,210 | £203,710 |
| 3 Month Average | 87.452 % | £111,501 | £239,001 |
| 6 Month Average | 58.266 % | £74,288 | £201,788 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 17 May 2012.
The average size of a house on NELSON PLACE is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castle Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Lane |