£425,457
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Jun 2006. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 2 Jun 2006 |
| £225,000 | 21 May 2004 |
| £205,000 | 4 Dec 2003 |
| £205,000 | 29 Aug 2003 |
| £162,495 | 30 Nov 2001 |
| Detached |
| Freehold |
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 2006 the House Price Index for MONMOUTHSHIRE was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £245,000 results in an estimated price of approximately £425,457.
| 2 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £245,000 | £180,457 | £425,457 |
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 | 7.644 % | £18,727 | £263,727 |
| 3 Month Average | 61.267 % | £150,103 | £395,103 |
| 6 Month Average | 65.002 % | £159,254 | £404,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £351,144 | £345,000 | 13 TURNPIKE CLOSE |
| 8 Dec 2023 | £580,151 | £570,000 | 7 CASTLE WOOD |
| 29 Aug 2023 | £524,589 | £520,000 | 4 CASTLE WOOD |
| 21 Feb 2023 | £411,723 | £412,000 | 16 CASTLE WOOD |
| 22 Oct 2021 | £328,624 | £297,000 | 5 TURNPIKE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Coed Wallwern | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coed Wallwern |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near B4235 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coed Ffawydd |
| Mar 2024 | Anti-social behaviour | On or near St Lawrence Park |