£226,228
This estimated value is based upon the latest sale price for the house of £155,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 15 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 May 2015 the House Price Index for MONMOUTHSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £155,000 results in an estimated price of approximately £226,228.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £155,000 | £71,228 | £226,228 |
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 | 16.711 % | £25,901 | £180,901 |
| 3 Month Average | 43.524 % | £67,462 | £222,462 |
| 6 Month Average | 51.918 % | £80,473 | £235,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £201,765 | £200,000 | 21 HIGH STREET |
| 3 Apr 2023 | £65,707 | £65,000 | 6 RIFLEMANS WAY |
| 24 Feb 2023 | £349,765 | £350,000 | 24 - 25 HIGH STREET |
| 16 Sep 2022 | £153,758 | £155,000 | APARTMENT 4 OCEAN HOUSE WELSH STREET |
| 16 Aug 2022 | £343,077 | £344,000 | 3 LYTTLETON COURT WELSH STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 29 Oct 2014. Using an estimated price of £226,229 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on WELSH STREET is 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lyttleton Court |
| Feb 2024 | Anti-social behaviour | On or near Lyttleton Court | |
| Feb 2024 | Anti-social behaviour | On or near Lyttleton Court | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyttleton Court |
| Feb 2024 | Anti-social behaviour | On or near Lyttleton Court |