£484,297
This estimated value is based upon the latest sale price for the house of £112,000 on 11 Aug 1999. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There have been two burglaries within the last year on or near Old Ross Road
More crime details
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| Price Paid | Date |
|---|---|
| £112,000 | 11 Aug 1999 |
| Detached |
| Freehold |
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 August 1999 the House Price Index for MONMOUTHSHIRE was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £112,000 results in an estimated price of approximately £484,297.
| 11 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £112,000 | £372,297 | £484,297 |
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 | 480.977 % | £538,694 | £650,694 |
| 3 Month Average | 349.457 % | £391,391 | £503,391 |
| 6 Month Average | 344.912 % | £386,301 | £498,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £383,329 | £380,000 | ROSE COTTAGE CHAPEL |
| 7 Dec 2023 | £443,632 | £430,000 | BROOK COTTAGE |
| 19 Apr 2022 | £503,409 | £485,250 | NANT-Y-BWCH COTTAGE |
| 14 Dec 2021 | £459,785 | £426,000 | GREAT HOUSE COTTAGE |
| 27 Aug 2021 | £1,039,583 | £925,000 | BAILEAU FARM BARN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Ross Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Ross Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Ross Road |