£277,827
This estimated value is based upon the latest sale price for the house of £255,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 29 Nov 2021 |
| £204,000 | 29 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2021 the House Price Index for MONMOUTHSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £255,000 results in an estimated price of approximately £277,827.
| 29 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £255,000 | £22,827 | £277,827 |
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 | -27.105 % | £-69,118 | £185,881 |
| 3 Month Average | 12.091 % | £30,832 | £285,832 |
| 6 Month Average | 6.602 % | £16,834 | £271,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £160,000 | £160,000 | 69 FIRS ROAD |
| 18 Dec 2023 | £242,450 | £235,000 | 9 ELM ROAD |
| 4 Aug 2023 | £254,592 | £250,000 | 7 WOODLAND VIEW |
| 27 Jun 2022 | £224,805 | £220,000 | 45 PARK ROAD |
| 20 Apr 2022 | £243,794 | £235,000 | 4 HAZEL AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 18 Feb 2016. Using an estimated price of £277,828 means this house is valued at £2,277 per sq meter (£211 per sq foot).
The average size of a house on THE CLOSE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodland View |
| Sep 2024 | Anti-social behaviour | On or near Elm Road | |
| Sep 2024 | Anti-social behaviour | On or near Elm Road | |
| Aug 2024 | Anti-social behaviour | On or near Elm Road |