£280,120
This estimated value is based upon the latest sale price for the house of £259,950 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£259,950 | 3 Sep 2021 |
£190,000 | 14 Jul 2017 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 September 2021 the House Price Index for MONMOUTHSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £259,950 results in an estimated price of approximately £280,120.
3 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £259,950 | £20,170 | £280,120 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | -33.631 % | £-87,422 | £172,527 |
3 Month Average | 4.731 % | £12,297 | £272,247 |
6 Month Average | 2.794 % | £7,263 | £267,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £274,808 | £270,000 | 8 LEWIS WAY |
22 Nov 2023 | £319,734 | £315,000 | 36 LEWIS WAY |
27 Mar 2023 | £230,168 | £228,000 | 9 LEWIS WAY |
24 Mar 2023 | £218,054 | £216,000 | 11 GARVEY CLOSE |
15 Aug 2022 | £334,101 | £335,000 | 17 LEWIS WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Jan 2016. Using an estimated price of £280,120 means this house is valued at £4,180 per sq meter (£388 per sq foot).
The average size of a house on PRESTON CLOSE is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Preston Close |
Jan 2024 | Anti-social behaviour | On or near Preston Close | |
Jan 2024 | Anti-social behaviour | On or near Preston Close | |
Jan 2024 | Anti-social behaviour | On or near Preston Close | |
Jan 2024 | Anti-social behaviour | On or near Preston Close |