£228,906
This estimated value is based upon the latest sale price for the house of £200,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 13 Nov 2020 |
| £56,000 | 7 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for MONMOUTHSHIRE was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £200,000 results in an estimated price of approximately £228,906.
| 13 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £200,000 | £28,906 | £228,906 |
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 | 72.614 % | £145,227 | £345,227 |
| 3 Month Average | 57.005 % | £114,009 | £314,009 |
| 6 Month Average | 39.623 % | £79,245 | £279,245 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Apr 2019.
The average size of a house on MARGRETTS WAY is 148 sq meters (1,599 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Gardens |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Willow Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neddern Court |