£396,694
This estimated value is based upon the latest sale price for the house of £380,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 31 Mar 2022 |
| £248,000 | 20 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 March 2022 the House Price Index for MONMOUTHSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £380,000 results in an estimated price of approximately £396,694.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £380,000 | £16,694 | £396,694 |
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 | 74.751 % | £284,053 | £664,053 |
| 3 Month Average | 12.076 % | £45,889 | £425,889 |
| 6 Month Average | 3.929 % | £14,930 | £394,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £182,000 | £182,000 | 25 BISHOPS CLOSE |
| 24 Mar 2023 | £219,668 | £216,000 | 11 GARVEY CLOSE |
| 5 Aug 2022 | £241,077 | £239,950 | 37 SUMMERHOUSE LANE |
| 10 Jun 2022 | £255,461 | £250,000 | 31 BISHOPS CLOSE |
| 31 Mar 2022 | £396,695 | £380,000 | 7 CIDER MILL CLOSE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 14 Jan 2020. Using an estimated price of £396,695 means this house is valued at £3,099 per sq meter (£287 per sq foot).
The average size of a house on CIDER MILL CLOSE is 129 sq meters (1,390 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near The Hop Garden |
| Jul 2024 | Public order | Under investigation | On or near Lady Margaret Court |
| Jun 2024 | Public order | Local resolution | On or near Lady Margaret Court |
| Jun 2024 | Anti-social behaviour | On or near Lady Margaret Court | |
| Jun 2024 | Anti-social behaviour | On or near Lady Margaret Court |