£279,132
This estimated value is based upon the latest sale price for the house of £275,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 23 Nov 2023 |
| £220,000 | 11 Apr 2018 |
| £215,000 | 24 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for MONMOUTHSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £275,000 results in an estimated price of approximately £279,132.
| 23 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £275,000 | £4,132 | £279,132 |
The Postcode Pricing Model uses changes in average sales price within the NP15 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 | 41.263 % | £113,471 | £388,471 |
| 3 Month Average | -15.584 % | £-42,856 | £232,143 |
| 6 Month Average | 0.816 % | £2,242 | £277,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £256,488 | £252,000 | 3 BLACKBARN CLOSE |
| 23 Nov 2023 | £279,133 | £275,000 | 7 BLACKBARN CLOSE |
| 30 Jun 2023 | £369,475 | £365,000 | HEATHFIELD MONMOUTH ROAD |
| 31 Mar 2023 | £535,041 | £530,000 | BULA MONMOUTH ROAD |
| 31 Jan 2023 | £149,297 | £150,000 | 5 BLACK FRIARS THE MEADOWS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Nov 2019. Using an estimated price of £279,133 means this house is valued at £3,987 per sq meter (£370 per sq foot).
The average size of a house on BLACKBARN CLOSE is 106 sq meters (1,140 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sunny Side | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sunny Side |
| Feb 2024 | Anti-social behaviour | On or near Sunny Side | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunny Side |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sunny Side |