£189,109
This estimated value is based upon the latest sale price for the house of £190,000 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 31 Jan 2023 |
| £130,000 | 17 Nov 2014 |
| £133,500 | 27 Jun 2008 |
| £115,000 | 28 Jan 2005 |
| £48,950 | 2 Jul 1999 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 January 2023 the House Price Index for ISLE OF WIGHT was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £190,000 results in an estimated price of approximately £189,109.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £190,000 | £-890 | £189,109 |
The Postcode Pricing Model uses changes in average sales price within the PO33 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 | 14.668 % | £27,868 | £217,868 |
| 3 Month Average | 29.888 % | £56,786 | £246,786 |
| 6 Month Average | 13.294 % | £25,258 | £215,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £185,750 | £183,000 | 22 MITCHELLS ROAD |
| 1 Nov 2023 | £258,832 | £255,000 | 2 WREXHAM AVENUE |
| 24 Aug 2023 | £283,480 | £281,000 | 50 MITCHELLS ROAD |
| 8 Jun 2023 | £242,943 | £240,000 | 27 GRENVILLE DRIVE |
| 31 Jan 2023 | £189,109 | £190,000 | 15 MITCHELLS ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Mar 2014. Using an estimated price of £189,109 means this house is valued at £3,376 per sq meter (£313 per sq foot).
The average size of a house on MITCHELLS ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Upton Road |