£345,616
This estimated value is based upon the latest sale price for the house of £344,000 on 16 Aug 2022. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £344,000 | 16 Aug 2022 |
| £197,950 | 21 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2022 the House Price Index for MONMOUTHSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £344,000 results in an estimated price of approximately £345,616.
| 16 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £344,000 | £1,616 | £345,616 |
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 | 13.967 % | £48,047 | £392,047 |
| 3 Month Average | -1.227 % | £-4,221 | £339,778 |
| 6 Month Average | -1.303 % | £-4,483 | £339,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2022 | £154,897 | £155,000 | APARTMENT 4 OCEAN HOUSE WELSH STREET |
| 16 Aug 2022 | £345,616 | £344,000 | 3 LYTTLETON COURT WELSH STREET |
| 18 Jul 2022 | £474,757 | £470,000 | 2 HIGH VIEW |
| 30 Jun 2022 | £306,553 | £300,000 | 10 MOUNT PLEASANT |
| 30 Jun 2022 | £378,082 | £370,000 | 21 MOOR STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Dec 2015. Using an estimated price of £345,616 means this house is valued at £4,430 per sq meter (£411 per sq foot).
The average size of a house on WELSH STREET is 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyttleton Court |
| Jun 2024 | Public order | Under investigation | On or near Lyttleton Court |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Lyttleton Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lyttleton Court |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Shopping Area |