£249,844
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Jun 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 26 Jun 2017 |
£72,400 | 18 Aug 2011 |
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 June 2017 the House Price Index for MONMOUTHSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £195,000 results in an estimated price of approximately £249,844.
26 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £195,000 | £54,844 | £249,844 |
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 | 43.030 % | £83,908 | £278,908 |
3 Month Average | 39.214 % | £76,468 | £271,468 |
6 Month Average | 28.497 % | £55,569 | £250,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £151,943 | £150,000 | PEN Y CRAIG BLACKROCK |
31 Jan 2023 | £223,945 | £225,000 | 2 MILFRAEN VIEW |
22 Nov 2022 | £523,657 | £530,000 | 5 PENYFFYDDLWYN LANE |
9 Aug 2022 | £528,577 | £530,000 | BEECHWOOD BLACKROCK |
25 Jul 2022 | £130,351 | £130,000 | 7 MINERS ROW |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Upper Cwm Nant Gam | |
Jan 2024 | Anti-social behaviour | On or near Upper Cwm Nant Gam | |
Jan 2024 | Anti-social behaviour | On or near Upper Cwm Nant Gam | |
Jan 2024 | Anti-social behaviour | On or near Upper Cwm Nant Gam | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |