£285,670
This estimated value is based upon the latest sale price for the house of £222,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £222,000 | 26 May 2017 |
| 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 May 2017 the House Price Index for MONMOUTHSHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £222,000 results in an estimated price of approximately £285,670.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £222,000 | £63,670 | £285,670 |
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 | -14.817 % | £-32,893 | £189,106 |
| 3 Month Average | 32.818 % | £72,856 | £294,856 |
| 6 Month Average | 21.827 % | £48,454 | £270,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £169,093 | £167,500 | 16 FISHERMANS WALK |
| 3 Mar 2023 | £254,397 | £252,000 | 18 VALENTINE LANE |
| 5 Aug 2022 | £239,306 | £239,950 | 37 SUMMERHOUSE LANE |
| 10 Jun 2022 | £253,584 | £250,000 | 31 BISHOPS CLOSE |
| 29 Apr 2022 | £242,003 | £235,000 | 39 VALENTINE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fisherman'S Walk |
| Jan 2024 | Public order | Awaiting court outcome | On or near Fern Court |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Heather Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heather Close |