£278,461
This estimated value is based upon the latest sale price for the house of £186,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £186,000 | 10 Oct 2014 |
| £183,000 | 20 Feb 2013 |
| £148,000 | 12 Sep 2003 |
| £84,000 | 28 Apr 2000 |
| £74,000 | 12 Feb 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 718 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 October 2014 the House Price Index for MONMOUTHSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £186,000 results in an estimated price of approximately £278,461.
| 10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £186,000 | £92,461 | £278,461 |
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 | 72.547 % | £134,936 | £320,936 |
| 3 Month Average | 44.158 % | £82,133 | £268,133 |
| 6 Month Average | 36.842 % | £68,525 | £254,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £712,466 | £700,000 | 2 BARONS COURT |
| 24 Mar 2023 | £403,804 | £400,000 | 19 BRIDGE STREET |
| 1 Jul 2022 | £391,053 | £390,000 | 2 NEW MARKET STREET |
| 25 Mar 2022 | £191,709 | £185,000 | 27 BRIDGE STREET |
| 21 Mar 2022 | £406,733 | £392,500 | 13 USK BRIDGE MEWS |
This house has a floor area of 66 sq meters or 718 sq feet when measured on 10 Nov 2010. Using an estimated price of £278,462 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on NEW MARKET STREET is 124 sq meters (1,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Old Market Street |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Other theft | Local resolution | On or near Petrol Station |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |