£311,456
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Aug 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 |
---|---|
£310,000 | 1 Aug 2022 |
£69,500 | 2 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 912 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 2022 the House Price Index for ISLE OF WIGHT was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £310,000 results in an estimated price of approximately £311,456.
1 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £310,000 | £1,456 | £311,456 |
The Postcode Pricing Model uses changes in average sales price within the PO30 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 | -8.226 % | £-25,499 | £284,500 |
3 Month Average | -3.608 % | £-11,186 | £298,813 |
6 Month Average | -3.853 % | £-11,943 | £298,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £300,010 | £295,000 | 78 WELLINGTON ROAD |
10 Mar 2023 | £382,894 | £376,500 | 69 MOUNTBATTEN DRIVE |
1 Aug 2022 | £311,456 | £310,000 | 18 MOUNTBATTEN DRIVE |
17 May 2022 | £240,259 | £234,000 | 23 MOUNTBATTEN DRIVE |
8 Dec 2021 | £356,172 | £330,000 | 34 MOUNTBATTEN DRIVE |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 21 Oct 2008. Using an estimated price of £311,456 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on MOUNTBATTEN DRIVE is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Machin Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Withybed Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Withybed Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmill Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Westmill Road |