£216,667
This estimated value is based upon the latest sale price for the house of £169,950 on 12 Jul 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There have been two burglaries within the last year on or near Lower Monk Street
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Price Paid | Date |
---|---|
£169,950 | 12 Jul 2017 |
£63,000 | 8 May 2002 |
£59,000 | 13 Oct 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 July 2017 the House Price Index for MONMOUTHSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £169,950 results in an estimated price of approximately £216,667.
12 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £169,950 | £46,717 | £216,667 |
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 | 99.760 % | £169,541 | £339,491 |
3 Month Average | 46.806 % | £79,546 | £249,496 |
6 Month Average | 33.030 % | £56,134 | £226,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £232,979 | £230,000 | FLAT 7 RIVERSIDE COURT SWAN MEADOW MONMOUTH ROAD |
7 Sep 2023 | £187,396 | £185,000 | 19 PRIORY GARDENS |
2 Feb 2023 | £139,906 | £140,000 | 12 PRIORY GARDENS |
27 Jan 2023 | £164,226 | £165,000 | FLAT 11 BENEDICT COURT MONK STREET |
23 Jan 2023 | £77,634 | £78,000 | FLAT 9 ST MARYS COURT MONK STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Apr 2017. Using an estimated price of £216,667 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on PRIORY GARDENS is 58 sq meters (625 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Lower Monk Street | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lower Monk Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Monk Street |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lower Monk Street |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lower Monk Street |