£285,456
This estimated value is based upon the latest sale price for the house of £229,950 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £229,950 | 9 Nov 2018 |
| £163,000 | 29 Aug 2007 |
| £50,000 | 27 Jul 2000 |
| £36,000 | 23 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2018 the House Price Index for MONMOUTHSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £229,950 results in an estimated price of approximately £285,456.
| 9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £229,950 | £55,506 | £285,456 |
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 | 78.984 % | £181,623 | £411,573 |
| 3 Month Average | 32.917 % | £75,693 | £305,643 |
| 6 Month Average | 24.727 % | £56,858 | £286,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £234,950 | £234,950 | 5 ROCKWOOD ROAD |
| 21 Mar 2024 | £365,617 | £360,000 | 1 PORTWALL ROAD |
| 15 Dec 2023 | £273,401 | £265,000 | 27 GREEN STREET |
| 22 Sep 2023 | £276,035 | £269,950 | 17 ROCKWOOD ROAD |
| 8 Sep 2023 | £180,990 | £177,000 | 23A HARDWICK AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Jul 2018. Using an estimated price of £285,457 means this house is valued at £4,197 per sq meter (£389 per sq foot).
The average size of a house on ROCKWOOD ROAD is 112 sq meters (1,215 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Wye Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Caird Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Caird Street |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Caird Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Caird Street |