£175,361
This estimated value is based upon the latest sale price for the house of £125,000 on 26 Nov 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There has been one burglary within the last year on or near A40
More crime details
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| Price Paid | Date |
|---|---|
| £125,000 | 26 Nov 2015 |
| £129,000 | 3 Oct 2005 |
| £44,000 | 23 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2015 the House Price Index for MONMOUTHSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £125,000 results in an estimated price of approximately £175,361.
| 26 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £125,000 | £50,361 | £175,361 |
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 | 60.278 % | £75,347 | £200,347 |
| 3 Month Average | 64.474 % | £80,592 | £205,592 |
| 6 Month Average | 50.182 % | £62,727 | £187,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £250,173 | £248,000 | 6 PROSPECT ROAD |
| 5 Apr 2024 | £124,077 | £123,000 | 25 COMMERCIAL STREET |
| 21 Dec 2023 | £248,124 | £240,500 | 5 ST HELENS ROAD |
| 18 Dec 2023 | £283,718 | £275,000 | 7 MERTHYR ROAD |
| 15 Nov 2023 | £507,892 | £495,000 | 2 MERTHYR ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Sep 2015. Using an estimated price of £175,362 means this house is valued at £2,505 per sq meter (£232 per sq foot).
The average size of a house on COMMERCIAL STREET is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near A40 |
| Apr 2024 | Burglary | Under investigation | On or near A40 |
| Apr 2024 | Public order | Local resolution | On or near A40 |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near St Helen'S Close |
| May 2024 | Anti-social behaviour | On or near St Helen'S Close |