£364,876
This estimated value is based upon the latest sale price for the house of £316,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £316,000 | 30 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2020 the House Price Index for MONMOUTHSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £316,000 results in an estimated price of approximately £364,876.
| 30 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £316,000 | £48,876 | £364,876 |
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 | -25.784 % | £-81,476 | £234,523 |
| 3 Month Average | -3.336 % | £-10,542 | £305,457 |
| 6 Month Average | -5.904 % | £-18,655 | £297,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £234,435 | £230,000 | 3 HARLECH COURT VAUXHALL LANE |
| 16 Aug 2023 | £578,518 | £575,000 | 2 LARKFIELD GROVE |
| 7 Jul 2023 | £279,645 | £277,000 | 7 MOUNTON ROAD |
| 28 Jun 2023 | £478,832 | £474,950 | 13 FITZOSBORN CLOSE |
| 14 Mar 2023 | £470,543 | £468,000 | NEW HOUSE VAUXHALL ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 Jan 2020. Using an estimated price of £364,876 means this house is valued at £4,560 per sq meter (£423 per sq foot).
There is one other house on the street which we know the size of, this is HAFAN HARDWICK HILL LANE it is 152.1
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vauxhall Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Little Hervells Court |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Little Hervells Court |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Steep Street |
| Jan 2024 | Anti-social behaviour | On or near Steep Street |