£428,628
This estimated value is based upon the latest sale price for the house of £435,000 on 21 Oct 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 |
|---|---|
| £435,000 | 21 Oct 2022 |
| £349,995 | 28 Aug 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 October 2022 the House Price Index for ISLE OF WIGHT was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £435,000 results in an estimated price of approximately £428,628.
| 21 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £435,000 | £-6,371 | £428,628 |
The Postcode Pricing Model uses changes in average sales price within the PO31 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 | -1.306 % | £-5,681 | £429,318 |
| 3 Month Average | -8.270 % | £-35,976 | £399,023 |
| 6 Month Average | 4.647 % | £20,213 | £455,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £578,518 | £575,000 | FLAT 4 EGYPT REACH, 33 BARING ROAD |
| 21 Jul 2023 | £181,719 | £180,000 | FLAT 11 THORNESS HOUSE, 6 CLIFF ROAD |
| 7 Jul 2023 | £752,115 | £745,000 | 35 BARING ROAD |
| 27 Jun 2023 | £1,310,627 | £1,300,000 | 2A CLIFF ROAD |
| 30 Nov 2022 | £204,681 | £208,000 | FLAT 2A STANHOPE LODGE STANHOPE DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Jun 2020. Using an estimated price of £428,629 means this house is valued at £5,102 per sq meter (£474 per sq foot).
The average size of a house on MORNINGTON MEWS is 103 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baring Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baring Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Baring Drive |
| Apr 2024 | Anti-social behaviour | On or near Esplanade | |
| Apr 2024 | Anti-social behaviour | On or near Esplanade |