£290,398
This estimated value is based upon the latest sale price for the house of £207,000 on 19 Nov 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £207,000 | 19 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 £207,000 results in an estimated price of approximately £290,398.
| 19 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £207,000 | £83,398 | £290,398 |
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 | 105.220 % | £217,805 | £424,805 |
| 3 Month Average | 52.635 % | £108,953 | £315,953 |
| 6 Month Average | 46.015 % | £95,251 | £302,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £239,871 | £232,500 | 4 WILLOW CLOSE |
| 8 Dec 2023 | £273,401 | £265,000 | 107 CHANNEL VIEW |
| 5 Oct 2023 | £388,831 | £380,000 | 43 BEECH GROVE |
| 22 Sep 2023 | £240,297 | £235,000 | 95 CHANNEL VIEW |
| 18 Sep 2023 | £496,955 | £486,000 | 21 WARWICK CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Apr 2015. Using an estimated price of £290,399 means this house is valued at £3,416 per sq meter (£317 per sq foot).
The average size of a house on FAIR VIEW is 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near High Beech Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Willow Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Close |