£231,178
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Jul 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 24 Jul 2017 |
| £120,000 | 11 Dec 2013 |
| £134,000 | 27 Sep 2004 |
| £82,950 | 6 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 July 2017 the House Price Index for MONMOUTHSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £180,000 results in an estimated price of approximately £231,178.
| 24 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £180,000 | £51,178 | £231,178 |
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 | 17.196 % | £30,953 | £210,953 |
| 3 Month Average | 46.662 % | £83,992 | £263,992 |
| 6 Month Average | 51.149 % | £92,068 | £272,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £385,000 | £385,000 | STEEPHOLME THE AVENUE |
| 15 Dec 2023 | £263,084 | £255,000 | 6 THE RETREAT |
| 2 Nov 2022 | £288,650 | £290,000 | 14 STATION ROAD |
| 25 Aug 2022 | £301,359 | £299,950 | 6 THE AVENUE |
| 12 Aug 2022 | £170,799 | £170,000 | 77 GOLDFINCH CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Sep 2013. Using an estimated price of £231,179 means this house is valued at £3,166 per sq meter (£294 per sq foot).
The average size of a house on THE RETREAT is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Retreat |
| Oct 2024 | Anti-social behaviour | On or near Station Close | |
| Oct 2024 | Public order | Under investigation | On or near Station Close |
| Oct 2024 | Other theft | Under investigation | On or near Station Close |
| Sep 2024 | Public order | Under investigation | On or near Station Close |