£457,231
This estimated value is based upon the latest sale price for the house of £400,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 16 Dec 2020 |
| £350,000 | 16 Jan 2017 |
| £279,950 | 29 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 December 2020 the House Price Index for MONMOUTHSHIRE was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £400,000 results in an estimated price of approximately £457,231.
| 16 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £400,000 | £57,231 | £457,231 |
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 | -33.601 % | £-134,402 | £265,597 |
| 3 Month Average | -4.514 % | £-18,055 | £381,944 |
| 6 Month Average | -6.088 % | £-24,352 | £375,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £325,136 | £322,500 | 22 WINTOUR CLOSE |
| 28 Apr 2023 | £312,321 | £310,000 | 3 WINTOUR CLOSE |
| 10 Jan 2023 | £322,170 | £325,000 | 17 WINTOUR CLOSE |
| 26 Nov 2022 | £364,096 | £370,000 | MIRAFLORES KINGSMARK LANE |
| 1 Jul 2022 | £319,568 | £320,000 | 18 WINTOUR CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 5 Oct 2016. Using an estimated price of £457,232 means this house is valued at £4,010 per sq meter (£372 per sq foot).
The average size of a house on KINGSMARK LANE is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kingsmark Lane |
| Apr 2024 | Anti-social behaviour | On or near Turnpike Close | |
| Mar 2024 | Anti-social behaviour | On or near Coed Wallwern | |
| Mar 2024 | Anti-social behaviour | On or near Coed Wallwern | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coed Wallwern |