£504,614
This estimated value is based upon the latest sale price for the house of £427,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £427,000 | 23 Oct 2020 |
| 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 October 2020 the House Price Index for MONMOUTHSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £427,000 results in an estimated price of approximately £504,614.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £427,000 | £77,614 | £504,614 |
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 | 22.310 % | £95,262 | £522,262 |
| 3 Month Average | 4.061 % | £17,341 | £444,341 |
| 6 Month Average | -1.497 % | £-6,392 | £420,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2024 | £400,000 | £400,000 | 25 BEECH GROVE |
| 30 Nov 2023 | £605,367 | £590,000 | ORCHARD END NEWPORT ROAD |
| 1 Sep 2023 | £536,834 | £525,000 | 15 BEECH GROVE |
| 8 Jun 2022 | £398,519 | £390,000 | 26 BEECH GROVE |
| 28 Feb 2022 | £448,994 | £425,000 | 39 MOUNTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |