£429,872
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There has been one burglary within the last year on or near Hospital
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Price Paid | Date |
---|---|
£285,000 | 14 Nov 2014 |
£210,000 | 3 Jul 2009 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 November 2014 the House Price Index for MONMOUTHSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £285,000 results in an estimated price of approximately £429,872.
14 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £285,000 | £144,872 | £429,872 |
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 | 146.155 % | £416,542 | £701,542 |
3 Month Average | 60.268 % | £171,765 | £456,765 |
6 Month Average | 62.276 % | £177,487 | £462,487 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £541,644 | £525,000 | YEW TREE COTTAGE |
17 Nov 2023 | £400,158 | £390,000 | CARTREF |
20 Oct 2023 | £677,896 | £662,500 | BAILEY ESTATE HOUSE ROSS ROAD |
21 Sep 2023 | £465,256 | £455,000 | THE GLEN NANTGAVENNY LANE |
6 Sep 2023 | £260,748 | £255,000 | 1 NANTGAVENNY COTTAGES |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 5 Jun 2015. Using an estimated price of £429,873 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on ROSS ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near Hospital |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Apr 2024 | Public order | Under investigation | On or near Hospital |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hospital |