£246,759
This estimated value is based upon the latest sale price for the house of £129,000 on 6 Oct 2004. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 6 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 996 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 2004 the House Price Index for MONMOUTHSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £129,000 results in an estimated price of approximately £246,759.
| 6 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £129,000 | £117,759 | £246,759 |
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 | 178.518 % | £230,288 | £359,288 |
| 3 Month Average | 108.362 % | £139,786 | £268,786 |
| 6 Month Average | 88.440 % | £114,087 | £243,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £223,066 | £218,000 | 50 GREEN STREET |
| 25 Oct 2023 | £260,926 | £255,000 | 29 RIVER VIEW |
| 8 Jun 2023 | £335,723 | £328,995 | 10 DAYLILY CLOSE |
| 28 Mar 2023 | £341,701 | £335,995 | 27 MABEY DRIVE |
| 28 Mar 2023 | £320,269 | £314,920 | 23 MABEY DRIVE |
This house has a floor area of 92 sq meters or 996 sq feet when measured on 13 Jul 2009. Using an estimated price of £246,760 means this house is valued at £2,665 per sq meter (£247 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Shoplifting | Formal action is not in the public interest | On or near Parking Area |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |