£374,991
This estimated value is based upon the latest sale price for the house of £175,000 on 9 Jan 2004. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 9 Jan 2004 |
| £125,950 | 9 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,201 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 January 2004 the House Price Index for MONMOUTHSHIRE was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £175,000 results in an estimated price of approximately £374,991.
| 9 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £175,000 | £199,991 | £374,991 |
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 | 125.208 % | £219,113 | £394,113 |
| 3 Month Average | 129.487 % | £226,602 | £401,602 |
| 6 Month Average | 117.443 % | £205,525 | £380,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £381,678 | £375,000 | 25 CHESTNUT DRIVE |
| 26 Aug 2022 | £359,034 | £360,000 | 15 CHESTNUT DRIVE |
| 1 Jun 2022 | £456,451 | £450,000 | 16 CHESTNUT DRIVE |
| 28 Apr 2022 | £360,430 | £350,000 | 24 BAY TREE LANE |
| 18 Feb 2022 | £361,800 | £345,000 | 11 LABURNUM WALK |
This house has a floor area of 111 sq meters or 1,201 sq feet when measured on 15 Oct 2010. Using an estimated price of £374,992 means this house is valued at £3,359 per sq meter (£312 per sq foot).
The average size of a house on BAY TREE LANE is 142 sq meters (1,531 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Sarno Square | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sarno Square |