£395,534
This estimated value is based upon the latest sale price for the house of £320,000 on 18 Sep 2019. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 18 Sep 2019 |
| £245,000 | 6 Jul 2017 |
| £99,950 | 11 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2019 the House Price Index for MONMOUTHSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £320,000 results in an estimated price of approximately £395,534.
| 18 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £320,000 | £75,534 | £395,534 |
The Postcode Pricing Model uses changes in average sales price within the NP26 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 | 4.672 % | £14,951 | £334,951 |
| 3 Month Average | 28.570 % | £91,424 | £411,424 |
| 6 Month Average | 18.774 % | £60,075 | £380,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £405,288 | £395,000 | 118 TAFF ROAD |
| 14 Apr 2023 | £275,146 | £270,000 | 46 TAFF ROAD |
| 6 Apr 2023 | £371,957 | £365,000 | 8 HEOL TOWY |
| 25 Aug 2022 | £291,312 | £289,950 | 9 HEOL TEIFI |
| 1 Jul 2022 | £383,846 | £380,000 | 29 HEOL TEIFI |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Mar 2017. Using an estimated price of £395,535 means this house is valued at £3,955 per sq meter (£367 per sq foot).
The average size of a house on CLOS ALED is 145 sq meters (1,565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heol Teifi |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Heol Teifi |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Heol Teifi |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heol Teifi |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Heol Towy |