£1,031,364
This estimated value is based upon the latest sale price for the house of £185,000 on 30 Jul 1996. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 30 Jul 1996 |
| Detached |
| Leasehold |
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 July 1996 the House Price Index for ISLE OF WIGHT was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £185,000 results in an estimated price of approximately £1,031,364.
| 30 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 148.6 | 457.495 % | £185,000 | £846,364 | £1,031,364 |
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 | 366.557 % | £678,130 | £863,130 |
| 3 Month Average | 541.234 % | £1,001,282 | £1,186,282 |
| 6 Month Average | 450.956 % | £834,268 | £1,019,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £211,704 | £208,000 | FLAT 2 CAMDEN COURT, 4 DOVER STREET |
| 21 Jul 2023 | £155,087 | £153,000 | FLAT 5 NELSON MANSIONS, 1 NELSON PLACE |
| 8 Mar 2023 | £149,408 | £148,000 | 16 NELSON PLACE |
| 26 Aug 2022 | £144,611 | £145,000 | FLAT 10 ARABIAN LODGE, 20 CASTLE STREET |
| 21 Jun 2022 | £138,964 | £137,000 | FLAT 8 NELSON MANSIONS, 1 NELSON PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bellevue Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nelson Lane |
| 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 |