£550,904
This estimated value is based upon the latest sale price for the house of £435,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £435,000 | 8 Dec 2017 |
| £405,000 | 28 Jun 2016 |
| 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 December 2017 the House Price Index for MONMOUTHSHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £435,000 results in an estimated price of approximately £550,904.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £435,000 | £115,904 | £550,904 |
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 | 86.090 % | £374,490 | £809,490 |
| 3 Month Average | 41.101 % | £178,789 | £613,789 |
| 6 Month Average | 50.492 % | £219,638 | £654,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £386,000 | £386,000 | 3 FOREST HILL |
| 15 Dec 2023 | £407,522 | £395,000 | 2 ALLERFORD GROVE |
| 9 Jun 2023 | £380,271 | £372,650 | 16 BANK CRESCENT |
| 31 Jan 2023 | £205,549 | £205,000 | 2 WOODBINE TERRACE |
| 24 Jan 2022 | £450,584 | £425,000 | 8 FOREST HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Main Road | |
| May 2024 | Anti-social behaviour | On or near Main Road | |
| May 2024 | Anti-social behaviour | On or near Main Road | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near School Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Malford Grove |