£799,714
This estimated value is based upon the latest sale price for the house of £607,500 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £607,500 | 6 Jan 2017 |
| £237,500 | 21 Jan 2003 |
| 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 January 2017 the House Price Index for MONMOUTHSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £607,500 results in an estimated price of approximately £799,714.
| 6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £607,500 | £192,214 | £799,714 |
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 | 157.141 % | £954,632 | £1,562,132 |
| 3 Month Average | 77.499 % | £470,804 | £1,078,304 |
| 6 Month Average | 62.022 % | £376,782 | £984,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £262,256 | £257,000 | 12 FAIRVIEW |
| 8 Jun 2023 | £295,879 | £289,950 | 4 ORCHARD CLOSE |
| 2 Feb 2023 | £427,858 | £425,000 | OLD SMITHY COTTAGE |
| 4 Nov 2022 | £507,626 | £510,000 | KESTRELS |
| 13 Aug 2022 | £316,480 | £315,000 | 2 MALFERNA VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Southwell Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Southwell Close |