£217,743
This estimated value is based upon the latest sale price for the house of £166,250 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£166,250 | 3 Feb 2017 |
£150,000 | 13 Jun 2014 |
£125,000 | 11 Apr 2008 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 641 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 February 2017 the House Price Index for MONMOUTHSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £166,250 results in an estimated price of approximately £217,743.
3 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £166,250 | £51,493 | £217,743 |
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 | 128.888 % | £214,276 | £380,526 |
3 Month Average | 68.515 % | £113,906 | £280,156 |
6 Month Average | 59.262 % | £98,523 | £264,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £494,000 | £494,000 | 3 DERWEN DEG STATION ROAD |
22 Mar 2024 | £419,444 | £413,000 | BRIDGE COTTAGE MILL LANE |
6 Dec 2023 | £389,468 | £377,500 | 5 MAESHYFRYD |
28 Mar 2023 | £508,492 | £500,000 | HOPE HOUSE CHURCH LANE |
24 Nov 2022 | £267,748 | £269,000 | TAFARN Y BONT CHURCH LANE |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 17 Nov 2011. Using an estimated price of £217,743 means this house is valued at £3,652 per sq meter (£339 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
Jul 2024 | Other theft | Under investigation | On or near Heads Of The Valleys Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Heads Of The Valleys Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
Jun 2024 | Anti-social behaviour | On or near The Avenue |