£218,242
This estimated value is based upon the latest sale price for the house of £159,950 on 28 Apr 2016. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£159,950 | 28 Apr 2016 |
£148,000 | 14 Aug 2013 |
£148,000 | 18 Dec 2009 |
£134,000 | 30 Jul 2004 |
£54,000 | 7 Mar 1997 |
£54,475 | 15 Dec 1995 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 April 2016 the House Price Index for MONMOUTHSHIRE was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £159,950 results in an estimated price of approximately £218,242.
28 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £159,950 | £58,292 | £218,242 |
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 | 66.594 % | £106,516 | £266,466 |
3 Month Average | 79.369 % | £126,951 | £286,901 |
6 Month Average | 45.799 % | £73,255 | £233,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £182,000 | £182,000 | 25 BISHOPS CLOSE |
20 Dec 2023 | £214,594 | £208,000 | 58 LEWIS WAY |
5 Dec 2023 | £278,560 | £270,000 | 8 LEWIS WAY |
22 Nov 2023 | £323,204 | £315,000 | 36 LEWIS WAY |
27 Mar 2023 | £231,872 | £228,000 | 9 LEWIS WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Nov 2018. Using an estimated price of £218,242 means this house is valued at £3,209 per sq meter (£298 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 |
Jul 2024 | Drugs | Local resolution | On or near Briton Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fountain Way |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fountain Way |
Jun 2024 | Public order | Under investigation | On or near Alice Crescent |