£322,320
This estimated value is based upon the latest sale price for the house of £315,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 6 Oct 2023 |
| £206,000 | 25 Nov 2011 |
| £203,000 | 20 Jul 2007 |
| £102,500 | 14 Dec 2001 |
| 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 October 2023 the House Price Index for MONMOUTHSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £315,000 results in an estimated price of approximately £322,320.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £315,000 | £7,320 | £322,320 |
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 | -8.294 % | £-26,125 | £288,874 |
| 3 Month Average | 21.318 % | £67,150 | £382,150 |
| 6 Month Average | 7.316 % | £23,046 | £338,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £442,500 | £442,500 | MANOR FARM NEWPORT ROAD |
| 6 Oct 2023 | £322,321 | £315,000 | 16 COWLEAZE |
| 27 Apr 2023 | £509,530 | £500,000 | WINTERLEIGH HOUSE SEASONS CLOSE |
| 23 Jan 2023 | £365,978 | £365,000 | 20 NETHERWENT VIEW |
| 30 Jun 2022 | £398,519 | £390,000 | 38 COWLEAZE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Cowleaze |
| Aug 2024 | Anti-social behaviour | On or near School Parc | |
| Aug 2024 | Anti-social behaviour | On or near School Parc | |
| Aug 2024 | Anti-social behaviour | On or near School Parc | |
| Aug 2024 | Anti-social behaviour | On or near Millfield Park |