£352,797
This estimated value is based upon the latest sale price for the house of £277,500 on 2 Oct 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£277,500 | 2 Oct 2017 |
£250,000 | 17 Sep 2010 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,104 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 October 2017 the House Price Index for MONMOUTHSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £277,500 results in an estimated price of approximately £352,797.
2 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £277,500 | £75,297 | £352,797 |
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 | 64.417 % | £178,756 | £456,256 |
3 Month Average | 55.622 % | £154,349 | £431,849 |
6 Month Average | 51.798 % | £143,738 | £421,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £366,612 | £360,000 | 7 GAVENNY WAY |
30 Jun 2023 | £433,691 | £425,000 | 4 HOLYWELL CLOSE |
7 Jun 2023 | £303,584 | £297,500 | 10 GAVENNY WAY |
20 Jan 2023 | £297,796 | £297,000 | 11 BEAUPREAU PLACE |
24 Nov 2022 | £349,366 | £351,000 | 3 GAVENNY WAY |
This house has a floor area of 102 sq meters or 1,104 sq feet when measured on 29 Mar 2010. Using an estimated price of £352,797 means this house is valued at £3,438 per sq meter (£319 per sq foot).
The average size of a house on OSTRINGEN CLOSE is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Firs Road |
Jul 2024 | Anti-social behaviour | On or near Maes Y Llarwydd | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maes Y Llarwydd |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Lower Monk Street |
Apr 2024 | Anti-social behaviour | On or near Lower Monk Street |