£1,095,489
This estimated value is based upon the latest sale price for the house of £640,000 on 2 Mar 2010. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £640,000 | 2 Mar 2010 |
| 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 March 2010 the House Price Index for MONMOUTHSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £640,000 results in an estimated price of approximately £1,095,489.
| 2 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £640,000 | £455,489 | £1,095,489 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | 30.576 % | £195,684 | £835,684 |
| 3 Month Average | 72.978 % | £467,062 | £1,107,062 |
| 6 Month Average | 96.807 % | £619,564 | £1,259,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £541,644 | £525,000 | YEW TREE COTTAGE |
| 17 Nov 2023 | £400,158 | £390,000 | CARTREF |
| 20 Oct 2023 | £677,896 | £662,500 | BAILEY ESTATE HOUSE ROSS ROAD |
| 24 Nov 2022 | £532,510 | £535,000 | SUNRAYS |
| 23 Nov 2022 | £518,575 | £521,000 | CEFN PARK COTTAGE OLD MONMOUTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mynachdy Pitch |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Sep 2024 | Public order | Under investigation | On or near Hospital |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |