£381,591
This estimated value is based upon the latest sale price for the house of £240,000 on 30 May 2008. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 30 May 2008 |
| Detached |
| Freehold |
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 May 2008 the House Price Index for ISLE OF WIGHT was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £240,000 results in an estimated price of approximately £381,591.
| 30 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £240,000 | £141,591 | £381,591 |
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 | -46.640 % | £-111,936 | £128,063 |
| 3 Month Average | 0.259 % | £621 | £240,621 |
| 6 Month Average | 6.721 % | £16,130 | £256,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £323,132 | £319,000 | 4 PIERRELLEN GARDENS |
| 27 Apr 2023 | £271,422 | £268,500 | 11 WITBANK GARDENS |
| 8 Mar 2023 | £201,902 | £200,000 | 34 GREEN LANE |
| 25 Nov 2022 | £316,170 | £320,000 | 11 DUNCROFT GARDENS |
| 16 Jun 2022 | £370,232 | £365,000 | 47A GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Pierrellen Gardens |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Pierrellen Gardens |