£415,938
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 24 Jun 2011 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 June 2011 the House Price Index for MONMOUTHSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £240,000 results in an estimated price of approximately £415,938.
24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £240,000 | £175,938 | £415,938 |
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 | 68.326 % | £163,982 | £403,982 |
3 Month Average | 74.488 % | £178,771 | £418,771 |
6 Month Average | 70.860 % | £170,064 | £410,064 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £254,452 | £250,000 | 7 ALBERT ROAD |
4 Dec 2023 | £368,447 | £362,000 | 91 HEREFORD ROAD |
1 Nov 2023 | £279,133 | £275,000 | 16 WYNDHAM ROAD |
14 Apr 2023 | £222,395 | £220,000 | 3 GROSVENOR ROAD |
24 Aug 2022 | £384,964 | £386,000 | 93 HEREFORD ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 13 Jul 2010. Using an estimated price of £415,938 means this house is valued at £3,524 per sq meter (£327 per sq foot).
The average size of a house on HEREFORD ROAD is 97 sq meters (1,047 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wyndham Road |
Apr 2024 | Violence and sexual offences | Local resolution | On or near B4521 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near B4521 |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Croesonen Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Croesonen Road |