£248,584
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 11 Dec 2020 |
| £125,000 | 7 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2020 the House Price Index for MONMOUTHSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £215,000 results in an estimated price of approximately £248,584.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £215,000 | £33,584 | £248,584 |
The Postcode Pricing Model uses changes in average sales price within the NP26 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 | 16.471 % | £35,411 | £250,411 |
| 3 Month Average | 33.332 % | £71,662 | £286,662 |
| 6 Month Average | 27.521 % | £59,170 | £274,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £120,000 | £120,000 | 77A SANDY LANE |
| 6 Apr 2023 | £275,146 | £270,000 | 14 WILLOW CLOSE |
| 8 Apr 2022 | £276,473 | £266,500 | 55 SANDY LANE |
| 17 Feb 2022 | £144,735 | £137,000 | 75D SANDY LANE |
| 27 Jan 2022 | £254,448 | £240,000 | 89 GREEN LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Nov 2013. Using an estimated price of £248,585 means this house is valued at £2,890 per sq meter (£268 per sq foot).
The average size of a house on WILLOW CLOSE is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Margretts Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cas Troggy |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Maple Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Firs Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Neddern Court |