£242,506
This estimated value is based upon the latest sale price for the house of £194,950 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,950 | 18 Jun 2018 |
| Semi-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 June 2018 the House Price Index for MONMOUTHSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £194,950 results in an estimated price of approximately £242,506.
| 18 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £194,950 | £47,556 | £242,506 |
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 | 48.084 % | £93,739 | £288,689 |
| 3 Month Average | 56.305 % | £109,765 | £304,715 |
| 6 Month Average | 21.610 % | £42,129 | £237,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £402,034 | £395,000 | 2 ALLERFORD GROVE |
| 9 Jun 2023 | £377,219 | £372,650 | 16 BANK CRESCENT |
| 31 Jan 2023 | £204,039 | £205,000 | 2 WOODBINE TERRACE |
| 24 Jan 2022 | £447,273 | £425,000 | 8 FOREST HILL |
| 17 Dec 2021 | £342,841 | £320,000 | 13 BANK CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Main Road |
| Apr 2024 | Other theft | Under investigation | On or near School Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |