£613,067
This estimated value is based upon the latest sale price for the house of £550,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£550,000 | 1 Oct 2021 |
£410,000 | 30 Jun 2011 |
Detached |
Freehold |
Floor Area: 166 sq meters or 1,786 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 2021 the House Price Index for MONMOUTHSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £550,000 results in an estimated price of approximately £613,067.
1 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £550,000 | £63,067 | £613,067 |
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 | 35.840 % | £197,117 | £747,117 |
3 Month Average | -30.271 % | £-166,491 | £383,508 |
6 Month Average | -29.208 % | £-160,643 | £389,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £265,000 | £265,000 | 41 BURRIUM GATE |
9 Jun 2023 | £306,135 | £300,000 | 4 SILURE VIEW |
31 Mar 2023 | £201,363 | £198,000 | 12 SILURE VIEW |
30 Jun 2022 | £275,898 | £270,000 | TY EIRLYS MONMOUTH ROAD |
30 Jun 2022 | £275,898 | £270,000 | TY BRIALLEN MONMOUTH ROAD |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 17 Jul 2021. Using an estimated price of £613,068 means this house is valued at £3,693 per sq meter (£343 per sq foot).
The average size of a house on CASSIA DRIVE is 184 sq meters (1,988 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cassia Drive |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wallace Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Meadows |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Red Hill |