£377,081
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Nov 2014. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Nov 2014 |
| £249,999 | 4 Jul 2013 |
| £273,750 | 26 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2014 the House Price Index for MONMOUTHSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £250,000 results in an estimated price of approximately £377,081.
| 26 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £250,000 | £127,081 | £377,081 |
The Postcode Pricing Model uses changes in average sales price within the NP15 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 | 103.874 % | £259,685 | £509,685 |
| 3 Month Average | 46.861 % | £117,152 | £367,152 |
| 6 Month Average | 23.984 % | £59,960 | £309,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £265,000 | £265,000 | 41 BURRIUM GATE |
| 20 Dec 2023 | £319,828 | £310,000 | 1 LADYWOOD |
| 9 Jun 2023 | £306,135 | £300,000 | 4 SILURE VIEW |
| 31 Mar 2023 | £201,363 | £198,000 | 12 SILURE VIEW |
| 17 Dec 2021 | £766,309 | £710,000 | 6 BURRIUM GATE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 24 Jul 2020. Using an estimated price of £377,081 means this house is valued at £3,491 per sq meter (£324 per sq foot).
The average size of a house on BURRIUM GATE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallace Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wallace Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cassia Drive |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Meadows |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Parade |