£431,292
This estimated value is based upon the latest sale price for the house of £350,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 23 Nov 2018 |
| £275,000 | 17 Jul 2008 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £350,000 results in an estimated price of approximately £431,292.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £350,000 | £81,292 | £431,292 |
The Postcode Pricing Model uses changes in average sales price within the NP15 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 | -5.173 % | £-18,105 | £331,894 |
| 3 Month Average | 0.111 % | £387 | £350,387 |
| 6 Month Average | 19.909 % | £69,680 | £419,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £309,161 | £305,000 | 28 SILURE VIEW |
| 9 Jun 2023 | £303,678 | £300,000 | 4 SILURE VIEW |
| 31 Mar 2023 | £199,883 | £198,000 | 12 SILURE VIEW |
| 17 Dec 2021 | £760,678 | £710,000 | 6 BURRIUM GATE |
| 14 Dec 2021 | £841,031 | £785,000 | 7 BURRIUM GATE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 20 Jun 2018. Using an estimated price of £431,293 means this house is valued at £3,396 per sq meter (£315 per sq foot).
The average size of a house on BURRIUM GATE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Blestium Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trelawny Close |
| Mar 2024 | Public order | Under investigation | On or near Cassia Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cassia Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cassia Drive |