£405,976
This estimated value is based upon the latest sale price for the house of £339,950 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £339,950 | 24 Aug 2020 |
| £360,000 | 20 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2020 the House Price Index for MONMOUTHSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £339,950 results in an estimated price of approximately £405,976.
| 24 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £339,950 | £66,026 | £405,976 |
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 | -43.854 % | £-149,081 | £190,868 |
| 3 Month Average | -5.598 % | £-19,030 | £320,919 |
| 6 Month Average | -1.741 % | £-5,918 | £334,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £243,121 | £240,000 | 19 ST ANN STREET |
| 18 Aug 2023 | £196,193 | £195,000 | FLAT 12 RIVERSIDE MILL THE BACK |
| 3 Aug 2022 | £106,282 | £107,000 | 38 LOWER CHURCH STREET |
| 23 Jun 2022 | £454,607 | £450,000 | 17 LOWER CHURCH STREET |
| 3 Mar 2022 | £402,510 | £390,000 | 10 ST ANN STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 3 May 2016. Using an estimated price of £405,977 means this house is valued at £3,561 per sq meter (£330 per sq foot).
The average size of a house on LOWER CHURCH STREET is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lower Church Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Orchard Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Orchard Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Gardens |