£216,501
This estimated value is based upon the latest sale price for the house of £187,500 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,500 | 27 Nov 2020 |
| £98,000 | 29 Nov 2002 |
| £52,000 | 9 Jun 2000 |
| £42,995 | 27 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2020 the House Price Index for MONMOUTHSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £187,500 results in an estimated price of approximately £216,501.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £187,500 | £29,001 | £216,501 |
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 | -25.784 % | £-48,344 | £139,155 |
| 3 Month Average | -3.336 % | £-6,255 | £181,244 |
| 6 Month Average | -5.904 % | £-11,069 | £176,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £212,011 | £208,000 | 58 LEWIS WAY |
| 5 Dec 2023 | £275,207 | £270,000 | 8 LEWIS WAY |
| 22 Nov 2023 | £319,097 | £315,000 | 36 LEWIS WAY |
| 27 Mar 2023 | £229,239 | £228,000 | 9 LEWIS WAY |
| 24 Mar 2023 | £217,174 | £216,000 | 11 GARVEY CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Sep 2014. Using an estimated price of £216,501 means this house is valued at £2,608 per sq meter (£242 per sq foot).
The average size of a house on LEWIS WAY is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Preston Close |
| Jan 2024 | Anti-social behaviour | On or near Preston Close | |
| Jan 2024 | Anti-social behaviour | On or near Preston Close | |
| Jan 2024 | Anti-social behaviour | On or near Preston Close | |
| Jan 2024 | Anti-social behaviour | On or near Preston Close |