£308,024
This estimated value is based upon the latest sale price for the house of £300,000 on 31 May 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 |
|---|---|
| £300,000 | 31 May 2022 |
| £145,000 | 3 Jun 2011 |
| £62,000 | 28 Jan 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,432 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 May 2022 the House Price Index for ISLE OF WIGHT was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £300,000 results in an estimated price of approximately £308,024.
| 31 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £300,000 | £8,024 | £308,024 |
The Postcode Pricing Model uses changes in average sales price within the PO38 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 | 3577.857 % | £10,733,571 | £11,033,571 |
| 3 Month Average | 43.034 % | £129,103 | £429,103 |
| 6 Month Average | 15.305 % | £45,915 | £345,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £497,632 | £485,000 | 34 MITCHELL AVENUE |
| 23 Nov 2023 | £507,892 | £495,000 | 18 MITCHELL AVENUE |
| 20 Oct 2023 | £2,159,036 | £2,110,000 | HILLSIDE, 151 MITCHELL AVENUE |
| 8 Sep 2023 | £301,650 | £295,000 | 2 SUSSEX VILLAS |
| 22 Aug 2023 | £493,908 | £485,000 | NEPTUNE SOUTHGROVE ROAD |
This house has a floor area of 133 sq meters or 1,432 sq feet when measured on 23 Oct 2008. Using an estimated price of £308,025 means this house is valued at £2,314 per sq meter (£215 per sq foot).
The average size of a house on MITCHELL AVENUE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near B3327 |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near B3327 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Macrocarpa Road |
| Jul 2024 | Other theft | Under investigation | On or near Mitchell Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlborough Road |