£691,750
This estimated value is based upon the latest sale price for the house of £560,000 on 26 Feb 2019. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £560,000 | 26 Feb 2019 |
| £465,000 | 19 Jun 2015 |
| £217,500 | 21 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 February 2019 the House Price Index for MONMOUTHSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £560,000 results in an estimated price of approximately £691,750.
| 26 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £560,000 | £131,750 | £691,750 |
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 | -25.920 % | £-145,151 | £414,848 |
| 3 Month Average | 30.864 % | £172,837 | £732,837 |
| 6 Month Average | 19.296 % | £108,059 | £668,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £234,096 | £230,000 | 3 HARLECH COURT VAUXHALL LANE |
| 9 Nov 2023 | £345,109 | £340,000 | 31 DEANS HILL |
| 7 Jul 2023 | £280,779 | £277,000 | 7 MOUNTON ROAD |
| 14 Mar 2023 | £472,451 | £468,000 | NEW HOUSE VAUXHALL ROAD |
| 16 Aug 2022 | £343,077 | £344,000 | 3 LYTTLETON COURT WELSH STREET |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 22 Feb 2014. Using an estimated price of £691,750 means this house is valued at £3,780 per sq meter (£351 per sq foot).
There is one other house on the street which we know the size of, this is 2 HIGH VIEW it is 141.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near High View | |
| Jan 2024 | Anti-social behaviour | On or near Steep Street | |
| Jan 2024 | Anti-social behaviour | On or near Steep Street | |
| Jan 2024 | Anti-social behaviour | On or near Steep Street | |
| Dec 2023 | Anti-social behaviour | On or near Steep Street |