£105,433
This estimated value is based upon the latest sale price for the house of £71,000 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £71,000 | 13 Mar 2015 |
| £65,000 | 17 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 March 2015 the House Price Index for MONMOUTHSHIRE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £71,000 results in an estimated price of approximately £105,433.
| 13 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £71,000 | £34,433 | £105,433 |
The Postcode Pricing Model uses changes in average sales price within the NP26 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 | 71.309 % | £50,629 | £121,629 |
| 3 Month Average | 81.225 % | £57,669 | £128,669 |
| 6 Month Average | 63.594 % | £45,151 | £116,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £507,802 | £500,000 | FLAT 14 CHEPSTOW ROAD |
| 9 Nov 2023 | £241,121 | £235,000 | 3 WIESENTAL CLOSE |
| 25 Apr 2023 | £127,142 | £124,764 | FLAT 3 WESLEY HOUSE NEWPORT ROAD |
| 1 Nov 2022 | £112,474 | £113,000 | FLAT 4 THE GROVE, 15 CHURCH ROAD |
| 24 May 2022 | £139,638 | £136,000 | FLAT 2 THE GROVE, 15 CHURCH ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 13 Mar 2020. Using an estimated price of £105,434 means this house is valued at £2,292 per sq meter (£212 per sq foot).
The average size of a house on NEWPORT ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Newport Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Newport Road |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Newport Road |
| Oct 2024 | Anti-social behaviour | On or near Newport Road | |
| Oct 2024 | Anti-social behaviour | On or near Newport Road |