£145,574
This estimated value is based upon the latest sale price for the house of £75,000 on 12 Aug 2004. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 12 Aug 2004 |
| 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 2004 the House Price Index for MONMOUTHSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £75,000 results in an estimated price of approximately £145,574.
| 12 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £75,000 | £70,574 | £145,574 |
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 | 196.111 % | £147,083 | £222,083 |
| 3 Month Average | 61.217 % | £45,912 | £120,912 |
| 6 Month Average | 52.112 % | £39,083 | £114,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £477,678 | £463,000 | 2 HILLSIDE |
| 29 Sep 2023 | £388,566 | £380,000 | VALLEY VIEW |
| 23 Jun 2023 | £341,851 | £335,000 | RAGLAN ARMS |
| 21 Feb 2023 | £397,656 | £395,000 | 12 FAYRE OAKS |
| 6 Oct 2022 | £647,836 | £650,000 | UNIT 7 THE CART SHED THE CAYO |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| May 2024 | Burglary | Under investigation | On or near Parking Area |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Prince Charles Road |