£1,100,977
This estimated value is based upon the latest sale price for the house of £730,000 on 3 Oct 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 Chapel Lane
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Price Paid | Date |
---|---|
£730,000 | 3 Oct 2014 |
£515,000 | 4 Sep 2009 |
£339,000 | 24 Aug 2001 |
Detached |
Freehold |
Floor Area: 195 sq meters or 2,098 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 October 2014 the House Price Index for MONMOUTHSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £730,000 results in an estimated price of approximately £1,100,977.
3 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £730,000 | £370,977 | £1,100,977 |
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 | 119.240 % | £870,451 | £1,600,451 |
3 Month Average | 64.251 % | £469,034 | £1,199,034 |
6 Month Average | 66.107 % | £482,579 | £1,212,579 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £242,102 | £240,000 | 105 NORTH STREET |
22 Mar 2024 | £746,469 | £735,000 | 80 CHAPEL ROAD |
27 Oct 2023 | £496,271 | £485,000 | THE BUNGALOW PENTRE ROAD |
13 Sep 2022 | £329,780 | £330,000 | 123 NORTH STREET |
1 Aug 2022 | £432,020 | £430,000 | 2 THE TYTHE BARN CHAPEL LANE |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 23 Apr 2014. Using an estimated price of £1,100,978 means this house is valued at £5,646 per sq meter (£524 per sq foot).
The average size of a house on CHAPEL ROAD is 127 sq meters (1,370 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Chapel Lane | |
Jul 2024 | Burglary | Under investigation | On or near Chapel Lane |
Apr 2024 | Anti-social behaviour | On or near Chapel Lane | |
Apr 2024 | Anti-social behaviour | On or near Chapel Lane | |
Apr 2024 | Anti-social behaviour | On or near Chapel Lane |