£314,062
This estimated value is based upon the latest sale price for the house of £212,500 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £212,500 | 27 Feb 2015 |
| £182,500 | 4 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2015 the House Price Index for ISLE OF WIGHT was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £212,500 results in an estimated price of approximately £314,062.
| 27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £212,500 | £101,562 | £314,062 |
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 | -40.510 % | £-86,083 | £126,416 |
| 3 Month Average | 11.602 % | £24,653 | £237,153 |
| 6 Month Average | 14.905 % | £31,673 | £244,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £323,132 | £319,000 | 4 PIERRELLEN GARDENS |
| 1 Jun 2023 | £273,311 | £270,000 | 38 WILTON PARK ROAD |
| 8 Mar 2023 | £201,902 | £200,000 | 34 GREEN LANE |
| 27 Jul 2022 | £288,276 | £287,500 | 37 WILTON PARK ROAD |
| 16 Jun 2022 | £370,232 | £365,000 | 47A GREEN LANE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 13 Dec 2013. Using an estimated price of £314,063 means this house is valued at £3,109 per sq meter (£288 per sq foot).
The average size of a house on PIERRELLEN GARDENS is 155 sq meters (1,669 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,087 sq feet).
| 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 | Unable to prosecute suspect | On or near Pierrellen Gardens |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Pierrellen Gardens |