£224,891
This estimated value is based upon the latest sale price for the house of £119,950 on 29 Apr 2005. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,950 | 29 Apr 2005 |
| £99,000 | 5 Mar 2004 |
| £41,500 | 4 Mar 1998 |
| Semi-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 April 2005 the House Price Index for MONMOUTHSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £119,950 results in an estimated price of approximately £224,891.
| 29 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £119,950 | £104,941 | £224,891 |
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 | 143.476 % | £172,099 | £292,049 |
| 3 Month Average | 90.425 % | £108,464 | £228,414 |
| 6 Month Average | 72.554 % | £87,028 | £206,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £379,950 | £379,950 | 52 CHARTIST WAY |
| 28 Mar 2024 | £187,887 | £185,000 | 17 AUST CRESCENT |
| 24 Oct 2023 | £222,810 | £217,750 | 18 WESTERN AVENUE |
| 7 Feb 2023 | £221,479 | £220,000 | 52 BURNT BARN ROAD |
| 6 Sep 2022 | £319,786 | £320,000 | 2 BURNT BARN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aust Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aust Crescent |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Chartists Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chartists Way |
| Jul 2024 | Drugs | Under investigation | On or near Western Avenue |