£451,278
This estimated value is based upon the latest sale price for the house of £435,000 on 20 Apr 2022. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £435,000 | 20 Apr 2022 |
| £317,000 | 24 Nov 2017 |
| £290,000 | 29 Oct 2015 |
| £248,000 | 13 Dec 2011 |
| £210,000 | 18 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2022 the House Price Index for ISLE OF WIGHT was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £435,000 results in an estimated price of approximately £451,278.
| 20 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £435,000 | £16,278 | £451,278 |
The Postcode Pricing Model uses changes in average sales price within the PO34 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 | -36.944 % | £-160,706 | £274,293 |
| 3 Month Average | -23.207 % | £-100,951 | £334,048 |
| 6 Month Average | -18.450 % | £-80,259 | £354,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £353,018 | £345,000 | 19 ORCHARD ROAD |
| 31 Jan 2023 | £817,183 | £815,000 | COPPERS SEAVIEW LANE |
| 28 Nov 2022 | £388,185 | £390,000 | THE HOMESTEAD ELM CLOSE |
| 30 Jun 2022 | £367,863 | £360,000 | 12 ORCHARD ROAD |
| 30 May 2022 | £338,827 | £330,000 | 1 SOLENT VIEW NETTLESTONE HILL |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 27 Jun 2021. Using an estimated price of £451,279 means this house is valued at £3,471 per sq meter (£322 per sq foot).
The average size of a house on NETTLESTONE GREEN is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Green |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Glade |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Ashtree Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holgate Lane |