£266,847
This estimated value is based upon the latest sale price for the house of £261,500 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £261,500 | 26 Jun 2023 |
| £124,950 | 9 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2023 the House Price Index for MONMOUTHSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £261,500 results in an estimated price of approximately £266,847.
| 26 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £261,500 | £5,347 | £266,847 |
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 | -3.510 % | £-9,179 | £252,320 |
| 3 Month Average | 5.019 % | £13,123 | £274,623 |
| 6 Month Average | 16.891 % | £44,171 | £305,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £124,077 | £123,000 | 25 COMMERCIAL STREET |
| 21 Dec 2023 | £248,124 | £240,500 | 5 ST HELENS ROAD |
| 18 Dec 2023 | £283,718 | £275,000 | 7 MERTHYR ROAD |
| 15 Nov 2023 | £507,892 | £495,000 | 2 MERTHYR ROAD |
| 30 Oct 2023 | £207,206 | £202,500 | 46 VICTORIA STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Nov 2021. Using an estimated price of £266,848 means this house is valued at £3,421 per sq meter (£317 per sq foot).
The average size of a house on MERTHYR ROAD is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stryd Commercial |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stryd Commercial |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stryd Commercial |
| Jul 2024 | Anti-social behaviour | On or near Victoria Street | |
| Jul 2024 | Anti-social behaviour | On or near Victoria Street |