£571,882
This estimated value is based upon the latest sale price for the house of £331,000 on 16 Feb 2012. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £331,000 | 16 Feb 2012 |
| 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 2012 the House Price Index for MONMOUTHSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £331,000 results in an estimated price of approximately £571,882.
| 16 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £331,000 | £240,882 | £571,882 |
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 | 224.792 % | £744,060 | £1,075,060 |
| 3 Month Average | 81.071 % | £268,343 | £599,343 |
| 6 Month Average | 66.477 % | £220,039 | £551,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £304,630 | £299,950 | 4 PIERCEFIELD TERRACE |
| 15 Sep 2023 | £265,861 | £260,000 | 3 SYCAMORE COURT |
| 15 Sep 2023 | £265,861 | £260,000 | 4 SYCAMORE COURT |
| 1 Sep 2023 | £1,303,740 | £1,275,000 | FIRBANK HOUSE |
| 16 Aug 2023 | £651,755 | £640,000 | ORCHARD CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Local resolution | On or near Court Gardens |
| Jul 2024 | Public order | Local resolution | On or near Court Gardens |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Church Lane |
| Aug 2024 | Anti-social behaviour | On or near Fordwich Close | |
| Aug 2024 | Public order | Under investigation | On or near Fordwich Close |