£452,497
This estimated value is based upon the latest sale price for the house of £335,000 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 11 Mar 2016 |
| £285,000 | 26 Jun 2006 |
| £260,000 | 26 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 March 2016 the House Price Index for MONMOUTHSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £335,000 results in an estimated price of approximately £452,497.
| 11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £335,000 | £117,497 | £452,497 |
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 | 18.891 % | £63,284 | £398,284 |
| 3 Month Average | 43.367 % | £145,280 | £480,280 |
| 6 Month Average | 33.849 % | £113,393 | £448,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £191,348 | £188,000 | 127 WOOLPITCH WOOD |
| 3 Jul 2023 | £276,218 | £272,500 | 89 WOOLPITCH WOOD |
| 19 Jun 2023 | £318,862 | £315,000 | 57 WOOLPITCH WOOD |
| 12 Aug 2022 | £319,141 | £320,000 | 52 WOOLPITCH WOOD |
| 26 Jul 2022 | £556,498 | £555,000 | 17 WOOLPITCH WOOD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 28 Nov 2015. Using an estimated price of £452,497 means this house is valued at £2,882 per sq meter (£267 per sq foot).
The average size of a house on WOOLPITCH WOOD is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Buckle Wood |
| Apr 2024 | Other crime | Under investigation | On or near Buckle Wood |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckle Wood |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bayfield Wood Close |
| Apr 2024 | Anti-social behaviour | On or near Bayfield Wood Close |