£466,695
This estimated value is based upon the latest sale price for the house of £270,000 on 1 Aug 2011. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 1 Aug 2011 |
| £142,500 | 3 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,267 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 2011 the House Price Index for MONMOUTHSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £270,000 results in an estimated price of approximately £466,695.
| 1 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £270,000 | £196,695 | £466,695 |
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 | 3.835 % | £10,355 | £280,355 |
| 3 Month Average | 58.284 % | £157,366 | £427,366 |
| 6 Month Average | 60.148 % | £162,398 | £432,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £598,866 | £590,000 | ORCHARD END NEWPORT ROAD |
| 28 Jun 2023 | £480,774 | £474,950 | 13 FITZOSBORN CLOSE |
| 10 Mar 2023 | £348,281 | £345,000 | 9 TEMPEST DRIVE |
| 30 Nov 2022 | £303,820 | £307,500 | 3 TEMPEST DRIVE |
| 28 Feb 2022 | £445,695 | £425,000 | 39 MOUNTON DRIVE |
This house has a floor area of 117 sq meters or 1,267 sq feet when measured on 3 May 2011. Using an estimated price of £466,696 means this house is valued at £3,961 per sq meter (£368 per sq foot).
The average size of a house on MOUNTON DRIVE is 132 sq meters (1,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Drugs | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Shoplifting | Under investigation | On or near Petrol Station |