£647,847
This estimated value is based upon the latest sale price for the house of £640,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £640,000 | 23 Jun 2023 |
| £415,000 | 5 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 262 sq meters or 2,820 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 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £640,000 results in an estimated price of approximately £647,847.
| 23 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £640,000 | £7,847 | £647,847 |
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 | -16.352 % | £-104,649 | £535,350 |
| 3 Month Average | 9.348 % | £59,824 | £699,824 |
| 6 Month Average | -1.111 % | £-7,110 | £632,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £373,265 | £370,000 | 10 DANES CLOSE |
| 23 Jun 2023 | £647,847 | £640,000 | 37 MEADOW WALK |
| 10 Mar 2023 | £393,709 | £390,000 | 2 LANCASTER WAY |
| 10 Mar 2023 | £348,281 | £345,000 | 9 TEMPEST DRIVE |
| 9 Feb 2023 | £274,815 | £275,000 | 9 RUFFETTS CLOSE |
This house has a floor area of 262 sq meters or 2,820 sq feet when measured on 23 Jul 2012. Using an estimated price of £647,847 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on MEADOW WALK is 233 sq meters (2,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ruffet'S Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ruffet'S Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tempest Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Kingsmark Avenue |
| Mar 2024 | Possession of weapons | Under investigation | On or near Mount Way |