£358,410
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£245,000 | 19 Jun 2015 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 June 2015 the House Price Index for MONMOUTHSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £245,000 results in an estimated price of approximately £358,410.
19 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £245,000 | £113,410 | £358,410 |
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 | 96.448 % | £236,298 | £481,298 |
3 Month Average | 77.382 % | £189,585 | £434,585 |
6 Month Average | 63.756 % | £156,201 | £401,201 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2024 | £400,000 | £400,000 | 25 BEECH GROVE |
18 Sep 2023 | £496,955 | £486,000 | 21 WARWICK CLOSE |
1 Sep 2023 | £536,834 | £525,000 | 15 BEECH GROVE |
17 Feb 2023 | £459,822 | £456,750 | 5 THE PADDOCK |
1 Feb 2023 | £357,387 | £355,000 | 2 FAIR VIEW |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 29 Jan 2016. Using an estimated price of £358,410 means this house is valued at £2,986 per sq meter (£277 per sq foot).
The average size of a house on FAIR VIEW is 116 sq meters (1,249 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near High Beech Lane |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Willow Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |