£221,018
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £170,000 | 3 Feb 2017 |
| £150,000 | 7 May 2008 |
| Terraced |
| Freehold |
| 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 February 2017 the House Price Index for ISLE OF WIGHT was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £170,000 results in an estimated price of approximately £221,018.
| 3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £170,000 | £51,018 | £221,018 |
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 | 5.829 % | £9,908 | £179,908 |
| 3 Month Average | 14.832 % | £25,214 | £195,214 |
| 6 Month Average | 24.857 % | £42,256 | £212,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £222,849 | £220,000 | 5 ARCTIC ROAD |
| 22 Aug 2023 | £136,191 | £135,000 | 2 TRENT MEWS |
| 21 Aug 2023 | £216,897 | £215,000 | 11 TRENT MEWS |
| 16 Jun 2023 | £156,901 | £155,000 | FLAT 1 SEAWARD COURT, 28 NEWPORT ROAD |
| 24 Mar 2023 | £148,903 | £147,500 | FLAT 3 17 THE SIDINGS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Jul 2018. Using an estimated price of £221,019 means this house is valued at £3,946 per sq meter (£366 per sq foot).
The average size of a house on TRENT MEWS is 60 sq meters (651 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Sidings |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Sidings |