£356,171
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Dec 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £330,000 | 8 Dec 2021 |
| £210,000 | 25 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2021 the House Price Index for ISLE OF WIGHT was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £330,000 results in an estimated price of approximately £356,171.
| 8 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £330,000 | £26,171 | £356,171 |
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 | -15.851 % | £-52,308 | £277,691 |
| 3 Month Average | 12.084 % | £39,876 | £369,876 |
| 6 Month Average | 16.664 % | £54,991 | £384,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 29 Sep 2021 | £303,959 | £280,000 | 2 MACHIN CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Jan 2016. Using an estimated price of £356,172 means this house is valued at £4,813 per sq meter (£447 per sq foot).
The average size of a house on MOUNTBATTEN DRIVE is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Machin Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmill Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westmill Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Withybed Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Withybed Close |