£681,710
This estimated value is based upon the latest sale price for the house of £466,000 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £466,000 | 26 Jun 2015 |
| £390,000 | 18 Oct 2002 |
| 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 June 2015 the House Price Index for MONMOUTHSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £466,000 results in an estimated price of approximately £681,710.
| 26 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £466,000 | £215,710 | £681,710 |
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 | 163.884 % | £763,697 | £1,229,697 |
| 3 Month Average | 65.612 % | £305,750 | £771,750 |
| 6 Month Average | 63.270 % | £294,839 | £760,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £837,237 | £835,000 | BERRYLANDS |
| 5 Aug 2022 | £597,795 | £595,000 | WHITE HOUSE |
| 23 Jun 2022 | £602,887 | £590,000 | THE KELD |
| 20 May 2022 | £477,438 | £465,000 | MOUNT COTTAGE |
| 14 Apr 2022 | £440,904 | £425,000 | 8 ORCHARD RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Weyloed Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Weyloed Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Weyloed Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Spout Hill |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Blacksmiths Lane |