£186,299
This estimated value is based upon the latest sale price for the house of £55,000 on 20 Jul 2001. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£55,000 | 20 Jul 2001 |
£49,500 | 14 Jun 2000 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 561 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 July 2001 the House Price Index for MONMOUTHSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £55,000 results in an estimated price of approximately £186,299.
20 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £55,000 | £131,299 | £186,299 |
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 | 420.630 % | £231,346 | £286,346 |
3 Month Average | 260.483 % | £143,265 | £198,265 |
6 Month Average | 272.109 % | £149,659 | £204,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £184,688 | £180,000 | 3 OSBORNE COURT LOWER MONK STREET |
2 Mar 2023 | £96,613 | £95,000 | 14B MONK STREET |
27 Jan 2023 | £165,442 | £165,000 | FLAT 11 BENEDICT COURT MONK STREET |
23 Jan 2023 | £78,209 | £78,000 | FLAT 9 ST MARYS COURT MONK STREET |
9 Sep 2022 | £165,889 | £166,000 | FLAT 15 BENEDICT COURT MONK STREET |
This house has a floor area of 52 sq meters or 561 sq feet when measured on 29 Oct 2008. Using an estimated price of £186,299 means this house is valued at £3,573 per sq meter (£332 per sq foot).
The average size of a house on LOWER MONK STREET is 71 sq meters (768 sq feet).