£311,949
This estimated value is based upon the latest sale price for the house of £206,000 on 28 Aug 2014. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £206,000 | 28 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 sq feet |
This model uses changes in the Official Land Registry House Price Index for MONMOUTHSHIRE to estimate the market value.
When this house was purchased in August 2014 the House Price Index for MONMOUTHSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £206,000 results in an estimated price of approximately £311,949.
| 28 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £206,000 | £105,949 | £311,949 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | -1.140 % | £-2,347 | £203,652 |
| 3 Month Average | 53.264 % | £109,724 | £315,724 |
| 6 Month Average | 50.259 % | £103,533 | £309,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £491,617 | £485,000 | 5 BELGRAVE CLOSE |
| 12 Apr 2023 | £247,667 | £245,000 | 23 NORTH STREET |
| 3 Apr 2023 | £240,590 | £238,000 | 23 MOUNT STREET |
| 5 Sep 2022 | £446,395 | £450,000 | 29 NORTH STREET |
| 15 Aug 2022 | £344,074 | £345,000 | 15 MOUNT STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 10 Apr 2013. Using an estimated price of £311,950 means this house is valued at £2,495 per sq meter (£231 per sq foot).
The average size of a house on NORTH STREET is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Orchard Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heol Y Capel |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heol Y Capel |