£763,664
This estimated value is based upon the latest sale price for the house of £437,500 on 23 May 2006. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£437,500 | 23 May 2006 |
£170,000 | 14 Nov 1997 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 May 2006 the House Price Index for MONMOUTHSHIRE was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £437,500 results in an estimated price of approximately £763,664.
23 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.552 % | £437,500 | £326,164 | £763,664 |
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 | 56.081 % | £245,356 | £682,856 |
3 Month Average | 76.732 % | £335,704 | £773,204 |
6 Month Average | 75.184 % | £328,930 | £766,430 |
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 |
27 Feb 2023 | £120,919 | £121,000 | FLAT 7 HEN CLAWDD ST MICHAELS ROAD |
11 Mar 2022 | £253,884 | £245,000 | 33 STANHOPE STREET |
18 Feb 2022 | £188,765 | £180,000 | FLAT 5 AVENUE COURT AVENUE ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 29 Apr 2019. Using an estimated price of £763,665 means this house is valued at £4,685 per sq meter (£435 per sq foot).
The average size of a house on AVENUE ROAD is 140 sq meters (1,507 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |