£868,081
This estimated value is based upon the latest sale price for the house of £740,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£740,000 | 9 Oct 2020 |
Detached |
Freehold |
Floor Area: 312 sq meters or 3,358 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 2020 the House Price Index for MONMOUTHSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £740,000 results in an estimated price of approximately £868,081.
9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £740,000 | £128,081 | £868,081 |
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 | 15.509 % | £114,763 | £854,763 |
3 Month Average | 29.452 % | £217,944 | £957,944 |
6 Month Average | 22.372 % | £165,553 | £905,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £276,347 | £273,000 | 18 STANHOPE STREET |
31 Mar 2023 | £174,141 | £172,500 | FLAT 1 AVENUE COURT AVENUE ROAD |
11 Mar 2022 | £253,884 | £245,000 | 33 STANHOPE STREET |
18 Feb 2022 | £188,765 | £180,000 | FLAT 5 AVENUE COURT AVENUE ROAD |
17 Jan 2022 | £331,509 | £315,000 | THE CLOISTERS, 18 PEN Y POUND |
This house has a floor area of 312 sq meters or 3,358 sq feet when measured on 19 Sep 2020. Using an estimated price of £868,082 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on AVENUE ROAD is 140 sq meters (1,507 sq feet).
This house is the largest in the street with a floor area of 312 sq meters (3,358 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Stanhope Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Street |
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Stanhope Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Street |