£305,128
This estimated value is based upon the latest sale price for the house of £297,500 on 19 Apr 2022. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £297,500 | 19 Apr 2022 |
| £270,000 | 13 Mar 2019 |
| £140,000 | 5 Sep 2014 |
| £168,000 | 14 Jun 2007 |
| £97,950 | 16 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2022 the House Price Index for MONMOUTHSHIRE was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £297,500 results in an estimated price of approximately £305,128.
| 19 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £297,500 | £7,628 | £305,128 |
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 | -17.536 % | £-52,169 | £245,330 |
| 3 Month Average | -5.503 % | £-16,371 | £281,128 |
| 6 Month Average | -7.336 % | £-21,824 | £275,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £455,269 | £452,500 | 47 BRIDGE STREET |
| 4 Aug 2023 | £201,224 | £200,000 | 21 HIGH STREET |
| 16 Jun 2023 | £206,676 | £205,000 | FLAT 1 BENSONS COURT NELSON STREET |
| 6 Apr 2023 | £222,655 | £221,000 | 4 ST MARY STREET |
| 3 Apr 2023 | £65,487 | £65,000 | 6 RIFLEMANS WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Apr 2013. Using an estimated price of £305,128 means this house is valued at £4,179 per sq meter (£388 per sq foot).
There is one other house on the street which we know the size of, this is 6 HOCKER HILL STREET it is 54.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hocker Hill Street |
| Mar 2024 | Anti-social behaviour | On or near Hocker Hill Street | |
| Mar 2024 | Anti-social behaviour | On or near Hocker Hill Street | |
| Mar 2024 | Anti-social behaviour | On or near Hocker Hill Street | |
| Mar 2024 | Anti-social behaviour | On or near Hocker Hill Street |