£672,479
This estimated value is based upon the latest sale price for the house of £210,000 on 5 Nov 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 |
|---|---|
| £210,000 | 5 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2001 the House Price Index for ISLE OF WIGHT was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £210,000 results in an estimated price of approximately £672,479.
| 5 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £210,000 | £462,479 | £672,479 |
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 | 164.374 % | £345,185 | £555,185 |
| 3 Month Average | 181.047 % | £380,198 | £590,198 |
| 6 Month Average | 179.941 % | £377,875 | £587,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2022 | £213,278 | £215,000 | 26 PEROWNE WAY |
| 16 May 2022 | £192,069 | £188,450 | 19 FAIRFIELD GARDENS |
| 15 Dec 2021 | £476,763 | £445,000 | ORCHARD LEE NUNWELL STREET |
| 18 Dec 2020 | £459,085 | £400,000 | 8 HILL STREET |
| 25 Oct 2019 | £190,080 | £155,000 | 5 FAIRFIELD GARDENS |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 23 Jun 2015. Using an estimated price of £672,480 means this house is valued at £4,151 per sq meter (£385 per sq foot).
The average size of a house on ELMBANK GARDENS is 165 sq meters (1,783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sandown |
| Jan 2024 | Anti-social behaviour | On or near Sandown | |
| Jan 2024 | Anti-social behaviour | On or near Sandown | |
| Jan 2024 | Anti-social behaviour | On or near Sandown | |
| Dec 2023 | Anti-social behaviour | On or near Sandown |