£409,657
This estimated value is based upon the latest sale price for the house of £330,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 2 Nov 2018 |
| £108,000 | 29 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 November 2018 the House Price Index for MONMOUTHSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £330,000 results in an estimated price of approximately £409,657.
| 2 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £330,000 | £79,657 | £409,657 |
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 | 64.368 % | £212,413 | £542,413 |
| 3 Month Average | 37.447 % | £123,576 | £453,576 |
| 6 Month Average | 39.972 % | £131,908 | £461,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £258,979 | £255,000 | 11 PARK STREET |
| 8 Mar 2024 | £170,621 | £168,000 | 9 SUNNYBANK |
| 21 Dec 2023 | £248,124 | £240,500 | 5 ST HELENS ROAD |
| 30 Oct 2023 | £207,206 | £202,500 | 46 VICTORIA STREET |
| 26 Jun 2023 | £266,848 | £261,500 | 29 MERTHYR ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 9 Jun 2015. Using an estimated price of £409,658 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on PARK STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near St Helen'S Close |
| Aug 2024 | Anti-social behaviour | On or near St Helen'S Close | |
| Aug 2024 | Anti-social behaviour | On or near St Helen'S Close | |
| Aug 2024 | Anti-social behaviour | On or near St Helen'S Close |