£280,174
This estimated value is based upon the latest sale price for the house of £260,000 on 1 Sep 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 |
|---|---|
| £260,000 | 1 Sep 2021 |
| £178,000 | 25 Jul 2018 |
| £75,318 | 22 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £260,000 results in an estimated price of approximately £280,174.
| 1 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £260,000 | £20,174 | £280,174 |
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 | -5.522 % | £-14,357 | £245,642 |
| 3 Month Average | 2.473 % | £6,429 | £266,429 |
| 6 Month Average | 13.785 % | £35,841 | £295,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £317,780 | £315,000 | 145 NEWPORT ROAD |
| 24 Jul 2023 | £210,331 | £207,500 | 26 SHAMBLERS ROAD |
| 21 Jul 2023 | £266,081 | £262,500 | 16 SHAMBLERS ROAD |
| 17 Apr 2023 | £330,559 | £327,000 | 154 MILL HILL ROAD |
| 20 Feb 2023 | £167,887 | £168,000 | 182 MILL HILL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 May 2018. Using an estimated price of £280,174 means this house is valued at £3,148 per sq meter (£292 per sq foot).
The average size of a house on MILL HILL ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ash Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arnold Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Arnold Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arnold Road |