£248,695
This estimated value is based upon the latest sale price for the house of £75,000 on 17 Aug 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 |
|---|---|
| £75,000 | 17 Aug 2001 |
| Terraced |
| 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 2001 the House Price Index for ISLE OF WIGHT was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £75,000 results in an estimated price of approximately £248,695.
| 17 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £75,000 | £173,695 | £248,695 |
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 | 166.497 % | £124,872 | £199,872 |
| 3 Month Average | 275.190 % | £206,392 | £281,392 |
| 6 Month Average | 231.172 % | £173,379 | £248,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £205,597 | £202,000 | THE CABIN NELSON LANE |
| 8 Dec 2023 | £177,608 | £174,500 | 39 GEORGE STREET |
| 1 Dec 2023 | £631,041 | £620,000 | 32 NELSON STREET |
| 12 Sep 2023 | £86,101 | £85,000 | 4 ESPLANADE |
| 1 Mar 2023 | £74,704 | £74,000 | 20 ESPLANADE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Apr 2019. Using an estimated price of £248,695 means this house is valued at £3,188 per sq meter (£296 per sq foot).
The average size of a house on CASTLE STREET is 67 sq meters (721 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 | Violence and sexual offences | Under investigation | On or near Ryde Bus Station |