£389,952
This estimated value is based upon the latest sale price for the house of £386,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £386,000 | 30 Jun 2022 |
| £242,500 | 26 Aug 2005 |
| £135,000 | 14 Nov 2000 |
| Detached |
| Freehold |
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 June 2022 the House Price Index for MONMOUTHSHIRE was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £386,000 results in an estimated price of approximately £389,952.
| 30 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £386,000 | £3,952 | £389,952 |
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 | -29.944 % | £-115,584 | £270,415 |
| 3 Month Average | -8.930 % | £-34,470 | £351,529 |
| 6 Month Average | -11.102 % | £-42,853 | £343,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £438,292 | £430,000 | 38 PIERCEFIELD AVENUE |
| 23 Jun 2023 | £325,136 | £322,500 | 22 WINTOUR CLOSE |
| 28 Apr 2023 | £312,321 | £310,000 | 3 WINTOUR CLOSE |
| 10 Jan 2023 | £322,170 | £325,000 | 17 WINTOUR CLOSE |
| 26 Nov 2022 | £364,096 | £370,000 | MIRAFLORES KINGSMARK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsmark Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near B4235 |
| Apr 2024 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |