£301,961
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Feb 2020. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 25 Feb 2020 |
| £182,500 | 5 Sep 2012 |
| £182,500 | 5 Sep 2012 |
| £135,000 | 9 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for ISLE OF WIGHT was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.785%.Applying this 20.785% change to the original purchase price of £250,000 results in an estimated price of approximately £301,961.
| 25 Feb 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.785 % | £250,000 | £51,961 | £301,961 |
The Postcode Pricing Model uses changes in average sales price within the PO37 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 | -54.936 % | £-137,340 | £112,659 |
| 3 Month Average | -4.625 % | £-11,561 | £238,438 |
| 6 Month Average | 2.539 % | £6,348 | £256,348 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Oct 2014.
The average size of a house on DRACAENA GARDENS is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Dracaena Gardens |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Dracaena Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pierrellen Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pierrellen Gardens |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Pierrellen Gardens |