£255,489
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Oct 2013. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 16 Oct 2013 |
| Semi-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 October 2013 the House Price Index for MONMOUTHSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £155,000 results in an estimated price of approximately £255,489.
| 16 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £155,000 | £100,489 | £255,489 |
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 | 212.790 % | £329,824 | £484,824 |
| 3 Month Average | 67.570 % | £104,733 | £259,733 |
| 6 Month Average | 67.258 % | £104,249 | £259,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £805,000 | £805,000 | LITTLE CHERRY ORCHARD |
| 25 May 2022 | £387,598 | £377,500 | BUSHES FARM |
| 12 May 2022 | £734,125 | £715,000 | OXPOOL |
| 13 Apr 2022 | £430,530 | £415,000 | BUSHES BUNGALOW AND BURN BUSHES FARM |
| 8 Feb 2022 | £581,052 | £550,000 | OSTREY USK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Sep 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Jul 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |