£887,013
This estimated value is based upon the latest sale price for the house of £267,500 on 30 Aug 2001. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There has been one burglary within the last year on or near Larkfield Park
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| Price Paid | Date |
|---|---|
| £267,500 | 30 Aug 2001 |
| £222,000 | 27 Sep 2000 |
| 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 August 2001 the House Price Index for MONMOUTHSHIRE was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £267,500 results in an estimated price of approximately £887,013.
| 30 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £267,500 | £619,513 | £887,013 |
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 | 130.958 % | £350,312 | £617,812 |
| 3 Month Average | 219.911 % | £588,263 | £855,763 |
| 6 Month Average | 227.105 % | £607,505 | £875,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £580,075 | £575,000 | 2 LARKFIELD GROVE |
| 28 Jun 2023 | £480,774 | £474,950 | 13 FITZOSBORN CLOSE |
| 2 Jun 2023 | £232,820 | £230,000 | 36 LARKFIELD PARK |
| 14 Mar 2023 | £472,451 | £468,000 | NEW HOUSE VAUXHALL ROAD |
| 8 Jul 2022 | £438,180 | £437,000 | 18 LARKFIELD PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Larkfield Park |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vauxhall Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Little Hervells Court |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Little Hervells Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mounton Drive |