£364,045
This estimated value is based upon the latest sale price for the house of £124,000 on 27 May 2002. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £124,000 | 27 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 May 2002 the House Price Index for MONMOUTHSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £124,000 results in an estimated price of approximately £364,045.
| 27 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £124,000 | £240,045 | £364,045 |
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 | 226.845 % | £281,288 | £405,288 |
| 3 Month Average | 252.059 % | £312,552 | £436,552 |
| 6 Month Average | 247.675 % | £307,117 | £431,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £254,000 | £254,000 | 2 EAGLE CLOSE |
| 23 Jan 2023 | £260,697 | £260,000 | 5 SWALLOW DRIVE |
| 25 Nov 2022 | £263,767 | £265,000 | 11 EAGLE CLOSE |
| 14 Jun 2022 | £275,898 | £270,000 | ASH COTTAGE MILL LANE |
| 22 Dec 2021 | £296,810 | £275,000 | 3 EAGLE CLOSE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 30 Jul 2012. Using an estimated price of £364,045 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on MILL LANE is 81 sq meters (876 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Nightingale Close | |
| Oct 2024 | Anti-social behaviour | On or near Nightingale Close | |
| Nov 2024 | Anti-social behaviour | On or near Kingfisher Close | |
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Kingfisher Close |
| Oct 2024 | Public order | Under investigation | On or near Kingfisher Close |