£260,498
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Jul 2021. 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 Norman Way
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Jul 2021 |
| £142,000 | 20 Jul 2015 |
| £125,000 | 21 Mar 2014 |
| £66,000 | 12 Sep 2003 |
| £34,000 | 31 Jul 1997 |
| Terraced |
| 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 July 2021 the House Price Index for MONMOUTHSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £225,000 results in an estimated price of approximately £260,498.
| 20 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £225,000 | £35,498 | £260,498 |
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 | 8.901 % | £20,026 | £245,026 |
| 3 Month Average | 10.484 % | £23,589 | £248,589 |
| 6 Month Average | 5.035 % | £11,329 | £236,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £192,471 | £189,000 | 7 MOORLANDS VIEW |
| 9 Jan 2023 | £235,630 | £235,000 | 42 THE CLOSE |
| 12 Apr 2022 | £295,665 | £285,000 | 23 THE CLOSE |
| 4 Feb 2022 | £269,397 | £255,000 | 26 THE CLOSE |
| 19 Jan 2022 | £209,389 | £197,500 | 60 THE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Norman Way |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Estuary View |
| Oct 2024 | Anti-social behaviour | On or near Estuary View | |
| Sep 2024 | Vehicle crime | Under investigation | On or near Castle Court |
| Sep 2024 | Anti-social behaviour | On or near Castle Court |