£415,490
This estimated value is based upon the latest sale price for the house of £345,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 31 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for MONMOUTHSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £345,000 results in an estimated price of approximately £415,490.
| 31 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £345,000 | £70,490 | £415,490 |
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 | -42.424 % | £-146,363 | £198,636 |
| 3 Month Average | -5.584 % | £-19,264 | £325,735 |
| 6 Month Average | 5.407 % | £18,652 | £363,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £438,292 | £430,000 | 38 PIERCEFIELD AVENUE |
| 23 Jun 2023 | £325,136 | £322,500 | 22 WINTOUR CLOSE |
| 28 Apr 2023 | £312,321 | £310,000 | 3 WINTOUR CLOSE |
| 10 Jan 2023 | £322,170 | £325,000 | 17 WINTOUR CLOSE |
| 1 Jul 2022 | £319,568 | £320,000 | 18 WINTOUR CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Dec 2019. Using an estimated price of £415,491 means this house is valued at £4,831 per sq meter (£448 per sq foot).
The average size of a house on PIERCEFIELD AVENUE is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near B4235 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsmark Lane |
| Mar 2024 | Anti-social behaviour | On or near Coed Wallwern | |
| Mar 2024 | Anti-social behaviour | On or near Coed Wallwern | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coed Wallwern |