£278,950
This estimated value is based upon the latest sale price for the house of £205,000 on 7 Mar 2016. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 7 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 March 2016 the House Price Index for MONMOUTHSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £205,000 results in an estimated price of approximately £278,950.
| 7 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £205,000 | £73,950 | £278,950 |
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 | 56.177 % | £115,162 | £320,162 |
| 3 Month Average | 53.447 % | £109,565 | £314,565 |
| 6 Month Average | 53.743 % | £110,173 | £315,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £120,000 | £120,000 | 77A SANDY LANE |
| 17 May 2024 | £440,000 | £440,000 | 8 MARGRETTS WAY |
| 6 Apr 2023 | £275,146 | £270,000 | 14 WILLOW CLOSE |
| 8 Apr 2022 | £276,473 | £266,500 | 55 SANDY LANE |
| 25 Feb 2022 | £237,703 | £225,000 | 55A SANDY LANE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 7 Nov 2015. Using an estimated price of £278,951 means this house is valued at £2,113 per sq meter (£196 per sq foot).
The average size of a house on SANDY LANE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Margretts Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cas Troggy |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Maple Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Churchfield Avenue |
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area |