£199,070
This estimated value is based upon the latest sale price for the house of £155,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£155,000 | 14 Jul 2017 |
£140,000 | 19 Dec 2003 |
Detached |
Freehold |
Floor Area: 156 sq meters or 1,681 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 2017 the House Price Index for MONMOUTHSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £155,000 results in an estimated price of approximately £199,070.
14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £155,000 | £44,070 | £199,070 |
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 | 201.030 % | £311,596 | £466,596 |
3 Month Average | 61.162 % | £94,801 | £249,801 |
6 Month Average | 52.598 % | £81,527 | £236,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £342,978 | £340,000 | 6 WYNDHAM ROAD |
21 Dec 2023 | £257,926 | £250,000 | 7 ALBERT ROAD |
4 Dec 2023 | £373,476 | £362,000 | 91 HEREFORD ROAD |
1 Nov 2023 | £282,162 | £275,000 | 16 WYNDHAM ROAD |
14 Apr 2023 | £224,193 | £220,000 | 3 GROSVENOR ROAD |
This house has a floor area of 156 sq meters or 1,681 sq feet when measured on 1 Jun 2009. Using an estimated price of £199,071 means this house is valued at £1,273 per sq meter (£118 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 |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Croesonen Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Croesonen Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Croesonen Road |