£356,717
This estimated value is based upon the latest sale price for the house of £237,000 on 30 Sep 2014. 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
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Price Paid | Date |
---|---|
£237,000 | 30 Sep 2014 |
£109,000 | 6 Jan 2011 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,129 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 September 2014 the House Price Index for MONMOUTHSHIRE was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £237,000 results in an estimated price of approximately £356,717.
30 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £237,000 | £119,717 | £356,717 |
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 | 58.973 % | £139,766 | £376,766 |
3 Month Average | 60.681 % | £143,813 | £380,813 |
6 Month Average | 51.049 % | £120,985 | £357,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £279,897 | £275,000 | 7 MERTHYR ROAD |
15 Nov 2023 | £502,439 | £495,000 | 2 MERTHYR ROAD |
14 Apr 2023 | £267,884 | £265,000 | 12 BRECON ROAD |
20 Jan 2023 | £403,101 | £405,000 | 1A VICTORIA STREET |
30 Jun 2022 | £248,512 | £245,000 | EILONWY, 33 VICTORIA STREET |
This house has a floor area of 104 sq meters or 1,129 sq feet when measured on 1 Jun 2010. Using an estimated price of £356,718 means this house is valued at £3,399 per sq meter (£315 per sq foot).
The average size of a house on MERTHYR ROAD is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near A40 |
Apr 2024 | Public order | Under investigation | On or near A40 |
Mar 2024 | Anti-social behaviour | On or near A40 | |
Mar 2024 | Anti-social behaviour | On or near A40 | |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near A40 |