£210,378
This estimated value is based upon the latest sale price for the house of £123,000 on 4 Oct 2012. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £123,000 | 4 Oct 2012 |
| £123,000 | 25 Aug 2010 |
| Terraced |
| Freehold |
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 October 2012 the House Price Index for MONMOUTHSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £123,000 results in an estimated price of approximately £210,378.
| 4 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £123,000 | £87,378 | £210,378 |
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 | 121.868 % | £149,897 | £272,897 |
| 3 Month Average | 81.382 % | £100,100 | £223,100 |
| 6 Month Average | 67.870 % | £83,480 | £206,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £263,150 | £263,150 | 55 WESTERN AVENUE |
| 20 Oct 2023 | £232,787 | £227,500 | 70 WESTERN AVENUE |
| 25 Sep 2023 | £306,762 | £300,000 | 133 MAPLE AVENUE |
| 9 Aug 2023 | £244,408 | £240,000 | 29 WESTERN AVENUE |
| 16 Jun 2023 | £239,806 | £235,000 | 40 AUST CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Western Avenue |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Chartists Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chartists Way |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Somerset Way |
| Jul 2024 | Other theft | Under investigation | On or near Somerset Way |