£124,645
This estimated value is based upon the latest sale price for the house of £51,000 on 31 Mar 2003. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £51,000 | 31 Mar 2003 |
| 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 March 2003 the House Price Index for MONMOUTHSHIRE was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £51,000 results in an estimated price of approximately £124,645.
| 31 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £51,000 | £73,645 | £124,645 |
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 | 187.669 % | £95,711 | £146,711 |
| 3 Month Average | 230.700 % | £117,657 | £168,657 |
| 6 Month Average | 212.466 % | £108,357 | £159,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £247,609 | £240,000 | GWENT HOUSE |
| 19 Sep 2023 | £329,258 | £322,000 | HOLLYHURST |
| 31 Aug 2023 | £290,235 | £285,000 | GRAIG COTTAGE RHONAS ROAD |
| 28 Jun 2023 | £158,170 | £155,000 | FLAT 2 EBENEZER HOUSE |
| 9 Jun 2023 | £255,112 | £250,000 | 2 DAN Y COED |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Llwyn Melin |
| Aug 2024 | Anti-social behaviour | On or near Main Road | |
| Aug 2024 | Anti-social behaviour | On or near Main Road | |
| Aug 2024 | Anti-social behaviour | On or near Main Road | |
| Aug 2024 | Public order | Awaiting court outcome | On or near Main Road |