£642,197
This estimated value is based upon the latest sale price for the house of £440,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 8 May 2015 |
| 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 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 £440,000 results in an estimated price of approximately £642,197.
| 8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £440,000 | £202,197 | £642,197 |
The Postcode Pricing Model uses changes in average sales price within the NP15 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 | 101.568 % | £446,898 | £886,898 |
| 3 Month Average | 55.568 % | £244,497 | £684,497 |
| 6 Month Average | 38.586 % | £169,779 | £609,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £487,213 | £480,000 | 5 ABERGAVENNY ROAD |
| 28 Jul 2023 | £532,162 | £525,000 | MAYFIELD LODGE |
| 11 Apr 2023 | £533,747 | £528,000 | 20 CONIGAR CRESCENT |
| 19 Jan 2023 | £439,928 | £442,000 | 44 ABERGAVENNY ROAD |
| 11 Jan 2023 | £24,883 | £25,000 | 9 WOODSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Awaiting court outcome | On or near Parking Area |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Burglary | Under investigation | On or near Petrol Station |