£462,233
This estimated value is based upon the latest sale price for the house of £295,000 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 29 Feb 2008 |
| 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 February 2008 the House Price Index for MONMOUTHSHIRE was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £295,000 results in an estimated price of approximately £462,233.
| 29 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £295,000 | £167,233 | £462,233 |
The Postcode Pricing Model uses changes in average sales price within the NP15 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 | -18.274 % | £-53,909 | £241,090 |
| 3 Month Average | 12.670 % | £37,377 | £332,377 |
| 6 Month Average | 36.886 % | £108,814 | £403,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £376,818 | £372,000 | 13 BARTON BRIDGE CLOSE |
| 16 Aug 2023 | £554,854 | £550,000 | 6 CASTLE STREET |
| 7 Aug 2023 | £330,895 | £328,000 | 3 CASTLE STREET |
| 9 Mar 2023 | £736,943 | £730,000 | 5 CASTLE STREET |
| 20 Jan 2023 | £348,359 | £350,000 | 8 CAESTORY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Somerset Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Somerset Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fairfax View |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Old Monmouth Road |