£210,992
This estimated value is based upon the latest sale price for the house of £123,000 on 28 Jan 2011. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £123,000 | 28 Jan 2011 |
| £110,000 | 10 Oct 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 652 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 January 2011 the House Price Index for MONMOUTHSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £123,000 results in an estimated price of approximately £210,992.
| 28 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £123,000 | £87,992 | £210,992 |
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 | 28.961 % | £35,621 | £158,621 |
| 3 Month Average | 67.796 % | £83,388 | £206,388 |
| 6 Month Average | 48.010 % | £59,052 | £182,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £196,721 | £195,000 | FLAT 12 RIVERSIDE MILL THE BACK |
| 3 Aug 2022 | £106,713 | £107,000 | 38 LOWER CHURCH STREET |
| 23 Jun 2022 | £456,451 | £450,000 | 17 LOWER CHURCH STREET |
| 3 Mar 2022 | £404,142 | £390,000 | 10 ST ANN STREET |
| 25 Feb 2022 | £209,739 | £200,000 | 35 LOWER CHURCH STREET |
This house has a floor area of 60 sq meters or 652 sq feet when measured on 17 Nov 2008. Using an estimated price of £210,993 means this house is valued at £3,478 per sq meter (£323 per sq foot).
The average size of a house on THE BACK is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near St Ann Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lower Church Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Ann Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Orchard Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Gardens |