£274,470
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 8 Jan 2016 |
| £120,000 | 13 Sep 2002 |
| £83,000 | 29 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 January 2016 the House Price Index for MONMOUTHSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £200,000 results in an estimated price of approximately £274,470.
| 8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £200,000 | £74,470 | £274,470 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | -14.972 % | £-29,943 | £170,056 |
| 3 Month Average | 45.732 % | £91,464 | £291,464 |
| 6 Month Average | 39.450 % | £78,900 | £278,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £1,123,610 | £1,110,000 | THE OLD APPLEYARD MONMOUTH ROAD |
| 14 Apr 2023 | £190,046 | £188,000 | 3 BELMONT ROAD |
| 27 Jan 2023 | £121,926 | £122,500 | FLAT 4 PEGASUS COURT MILL STREET |
| 23 Nov 2022 | £117,576 | £119,000 | FLAT 17 PEGASUS COURT MILL STREET |
| 19 Aug 2022 | £99,732 | £100,000 | FLAT 21 PEGASUS COURT MILL STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Jul 2014. Using an estimated price of £274,471 means this house is valued at £3,709 per sq meter (£344 per sq foot).
The average size of a house on MILL CLOSE is 94 sq meters (1,012 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fosterville Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fosterville Crescent |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fosterville Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fosterville Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fosterville Crescent |