£302,398
This estimated value is based upon the latest sale price for the house of £247,500 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £247,500 | 6 Dec 2019 |
| £83,000 | 7 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 December 2019 the House Price Index for MONMOUTHSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £247,500 results in an estimated price of approximately £302,398.
| 6 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £247,500 | £54,898 | £302,398 |
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 | -41.758 % | £-103,351 | £144,148 |
| 3 Month Average | 3.124 % | £7,732 | £255,232 |
| 6 Month Average | 3.465 % | £8,576 | £256,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £348,595 | £342,000 | 13A OLD BULWARK ROAD |
| 15 Mar 2023 | £334,810 | £333,000 | 1 LARKFIELD AVENUE |
| 26 Jan 2023 | £232,954 | £235,000 | 21A OLD BULWARK ROAD |
| 14 Nov 2022 | £492,021 | £500,000 | 3A HIGH BEECH LANE |
| 13 Jul 2022 | £415,439 | £416,000 | 3 WARWICK CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 28 Sep 2012. Using an estimated price of £302,398 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on LARKFIELD AVENUE is 114 sq meters (1,234 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Larkhill Close | |
| Mar 2024 | Anti-social behaviour | On or near Larkhill Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Larkhill Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Tewdric Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Tewdric Road |