£111,617
This estimated value is based upon the latest sale price for the house of £104,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £104,000 | 29 Sep 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 September 2021 the House Price Index for ISLE OF WIGHT was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £104,000 results in an estimated price of approximately £111,617.
| 29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £104,000 | £7,617 | £111,617 |
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 | 74.974 % | £77,972 | £181,972 |
| 3 Month Average | 44.053 % | £45,815 | £149,815 |
| 6 Month Average | 28.384 % | £29,519 | £133,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £491,307 | £485,000 | 34 MITCHELL AVENUE |
| 23 Nov 2023 | £501,437 | £495,000 | 18 MITCHELL AVENUE |
| 22 Aug 2023 | £487,967 | £485,000 | NEPTUNE SOUTHGROVE ROAD |
| 31 Mar 2023 | £201,087 | £200,000 | MONTELLA MARLBOROUGH ROAD |
| 1 Mar 2023 | £351,902 | £350,000 | 5 MITCHELL AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jun 2021. Using an estimated price of £111,617 means this house is valued at £2,066 per sq meter (£192 per sq foot).
The average size of a house on SOUTHGROVE ROAD is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macrocarpa Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near B3327 |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near B3327 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitchell Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marlborough Road |