£19,148
This estimated value is based upon the latest sale price for the house of £15,500 on 10 Jan 2019. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £15,500 | 10 Jan 2019 |
| £390,000 | 28 Mar 2014 |
| £455,000 | 15 Jun 2007 |
| 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 January 2019 the House Price Index for MONMOUTHSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £15,500 results in an estimated price of approximately £19,148.
| 10 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £15,500 | £3,648 | £19,148 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | -30.537 % | £-4,733 | £10,766 |
| 3 Month Average | 25.532 % | £3,957 | £19,457 |
| 6 Month Average | 17.025 % | £2,638 | £18,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £295,164 | £290,000 | PENYBRYN BUNGALOW |
| 29 Jun 2023 | £344,169 | £340,000 | ELM TREE |
| 1 Mar 2023 | £800,037 | £792,500 | RAVENSHILL |
| 25 Nov 2022 | £375,452 | £380,000 | WENALT |
| 5 Aug 2022 | £752,973 | £755,000 | JAMES DAVIS HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wesley Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tudor Gardens |
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space |