£609,986
This estimated value is based upon the latest sale price for the house of £357,000 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £357,000 | 1 Jun 2012 |
| £215,000 | 7 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 194 sq meters or 2,090 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 2012 the House Price Index for MONMOUTHSHIRE was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £357,000 results in an estimated price of approximately £609,986.
| 1 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £357,000 | £252,986 | £609,986 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | 48.819 % | £174,282 | £531,282 |
| 3 Month Average | 68.230 % | £243,581 | £600,581 |
| 6 Month Average | 65.324 % | £233,204 | £590,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2024 | £430,000 | £430,000 | FIRST FLOOR FLAT 2A PARK CRESCENT |
| 11 Apr 2024 | £342,978 | £340,000 | 6 WYNDHAM ROAD |
| 4 Dec 2023 | £373,476 | £362,000 | 91 HEREFORD ROAD |
| 1 Nov 2023 | £282,162 | £275,000 | 16 WYNDHAM ROAD |
| 16 Jun 2023 | £516,348 | £506,000 | 21 LANSDOWN ROAD |
This house has a floor area of 194 sq meters or 2,090 sq feet when measured on 24 Jul 2010. Using an estimated price of £609,987 means this house is valued at £3,140 per sq meter (£291 per sq foot).
The average size of a house on LANSDOWN ROAD is 214 sq meters (2,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Croesonen Road | |
| Aug 2024 | Anti-social behaviour | On or near Croesonen Road | |
| Aug 2024 | Anti-social behaviour | On or near Croesonen Road | |
| Aug 2024 | Anti-social behaviour | On or near Croesonen Road | |
| Aug 2024 | Anti-social behaviour | On or near Croesonen Road |