£529,482
This estimated value is based upon the latest sale price for the house of £335,000 on 3 Aug 2007. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 3 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2007 the House Price Index for MONMOUTHSHIRE was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £335,000 results in an estimated price of approximately £529,482.
| 3 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £335,000 | £194,482 | £529,482 |
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 | 140.386 % | £470,292 | £805,292 |
| 3 Month Average | 65.123 % | £218,162 | £553,162 |
| 6 Month Average | 70.909 % | £237,546 | £572,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £901,192 | £873,500 | LITTLE ORCHARD CHAIN ROAD |
| 17 Mar 2023 | £650,870 | £640,000 | 2 HERBERT CLOSE |
| 4 Nov 2022 | £393,162 | £395,000 | 1 GUNTER WAY |
| 1 Aug 2022 | £432,020 | £430,000 | 2 THE TYTHE BARN CHAPEL LANE |
| 30 Mar 2022 | £798,609 | £765,000 | 7 HERBERT CLOSE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 2 Aug 2013. Using an estimated price of £529,482 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on AVENUE CRESCENT is 167 sq meters (1,800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Avenue Crescent |
| Jul 2024 | Burglary | Under investigation | On or near Chapel Lane |
| Jul 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Apr 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Apr 2024 | Anti-social behaviour | On or near Chapel Lane |