£277,574
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 28 Aug 2015 |
£75,000 | 26 Aug 1999 |
Detached |
Freehold |
Floor Area: 80 sq meters or 867 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 August 2015 the House Price Index for MONMOUTHSHIRE was 104.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 42.346%.Applying this 42.346% change to the original purchase price of £195,000 results in an estimated price of approximately £277,574.
28 Aug 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.0 | 42.346 % | £195,000 | £82,574 | £277,574 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | 15.396 % | £30,021 | £225,021 |
3 Month Average | 30.783 % | £60,027 | £255,027 |
6 Month Average | 36.386 % | £70,952 | £265,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £253,370 | £252,000 | 18 VALENTINE LANE |
10 Feb 2023 | £311,029 | £312,500 | 6 GRASMERE WAY |
10 Aug 2022 | £204,667 | £206,050 | 16 VALENTINE LANE |
29 Apr 2022 | £241,026 | £235,000 | 39 VALENTINE LANE |
18 Mar 2022 | £395,802 | £383,500 | 11 PHOENIX DRIVE |
This house has a floor area of 80 sq meters or 867 sq feet when measured on 25 Feb 2011. Using an estimated price of £277,574 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on COLLINGWOOD CLOSE is 104 sq meters (1,122 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Collingwood Close | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Briton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alice Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alice Crescent |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Preston Close |