£712,465
This estimated value is based upon the latest sale price for the house of £700,000 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £700,000 | 18 Dec 2023 |
| £365,000 | 11 Oct 2002 |
| Detached |
| 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 December 2023 the House Price Index for MONMOUTHSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £700,000 results in an estimated price of approximately £712,465.
| 18 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £700,000 | £12,465 | £712,465 |
The Postcode Pricing Model uses changes in average sales price within the NP15 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 | -5.356 % | £-37,493 | £662,506 |
| 3 Month Average | -2.363 % | £-16,543 | £683,456 |
| 6 Month Average | 4.670 % | £32,693 | £732,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £712,466 | £700,000 | 2 BARONS COURT |
| 1 Jul 2022 | £391,053 | £390,000 | 2 NEW MARKET STREET |
| 24 Jun 2022 | £195,767 | £193,000 | 4 OLD MARKET STREET |
| 21 Jan 2022 | £221,006 | £210,000 | FLAT 4 THE LAWNS NEW MARKET STREET |
| 17 Dec 2021 | £530,589 | £495,240 | 27 OLD MARKET STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Old Market Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Old Market Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Street Close |
| Mar 2024 | Other theft | Local resolution | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |