OCEAN HOUSE APARTMENT 3 WELSH STREET

£289,545

Full Address

OCEAN HOUSE APARTMENT 3 WELSH STREET
CHEPSTOW
CHEPSTOW
MONMOUTHSHIRE
UNITED KINGDOM
NP16 5LN

Estimated Market Value

£289,545

This estimated value is based upon the latest sale price for the house of £170,000 on 19 Sep 2006. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1

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Transactions for this house
Price PaidDate
£170,00019 Sep 2006
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 September 2006 the House Price Index for MONMOUTHSHIRE was 87.2.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.

Applying this 70.321% change to the original purchase price of £170,000 results in an estimated price of approximately £289,545.

19 Sep 2006 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
87.2 148.6 70.321 % £170,000 £119,545 £289,545

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 17.604 % £29,926 £199,926
3 Month Average 66.382 % £112,849 £282,849
6 Month Average 61.795 % £105,051 £275,051
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
4 Aug 2023 £201,765 £200,000 21 HIGH STREET
3 Apr 2023 £65,707 £65,000 6 RIFLEMANS WAY
24 Feb 2023 £349,765 £350,000 24 - 25 HIGH STREET
16 Sep 2022 £153,758 £155,000 APARTMENT 4 OCEAN HOUSE WELSH STREET
16 Aug 2022 £343,077 £344,000 3 LYTTLETON COURT WELSH STREET

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Feb 2024 Anti-social behaviour On or near Lyttleton Court
Feb 2024 Violence and sexual offences Unable to prosecute suspect On or near Lyttleton Court
Feb 2024 Anti-social behaviour On or near Lyttleton Court
Jan 2024 Violence and sexual offences Unable to prosecute suspect On or near Lyttleton Court
Jan 2024 Violence and sexual offences Under investigation On or near Dell View

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Companies Near Here
RESIDENTIAL SURVEYS LTD
5 Lyttleton Court Welsh Street Mon, Chepstow Wales NP16 5LN
ADEPT STRUCTURAL SOLUTIONS (UK) LTD
Cas Gwent Chambers Welsh Street Second Floor Office Chepstow Wales NP16 5LN
LEX (CHEPSTOW) LIMITED
11a Welsh Street Chepstow Monmouthshire United Kingdom NP16 5LN
BETTER SYSTEMS MANAGEMENT LIMITED
APARTMENT 9, OCEAN HOUSE 27A WELSH STREET CHEPSTOW GWENT UNITED KINGDOM NP16 5LN
ADEPT CONSULTING (UK) LTD
Cas Gwent Chambers Welsh Street Second Floor Office Chepstow Wales NP16 5LN

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People Near Here
MR. RICHARD HUW EVANS Historic Information DIRECTOR
11A WELSH STREET, NP16 5LN
MALCOLM HUGH EVANS Historic Information SALES & MARKETING CONSULTANT
11A WELSH STREET, NP16 5LN
Mrs Maria Pryor Historic Information
5 Lyttleton Court Welsh Street, NP16 5LN
Mrs Charlotte Louise Squire-Davies
11a Welsh Street, NP16 5LN
Malcolm Hugh Evans
11a Welsh Street , NP16 5LN
MR VIVEKANANDAN SRISHANGARAN DIRECTOR
CASTLE COURT RESIDENTIAL HOME WELSH STREET, NP16 5LN
MRS JANE PANNELL
5 LYTTLETON COURT WELSH STREET, NP16 5LN
JOHN CHRISTOPHER ALLAN Historic Information SALES MANAGER
2ND FLOOR CAS GWENT CHAMBERS, WELSH STREET, NP16 5LN
MR ALAN NIGEL LATHAM Historic Information
LLANOVER LODGE, WELSH STREET, NP16 5LN
MRS YOLA ELEANOR SMITH Historic Information DIRECTOR
CASTLE COURT RESIDENTIAL HOME, WELSH STREET, NP16 5LN
IEUAN PHILIP EVANS Historic Information ACCOUNTANTS
2ND FLOOR CAS GWENT CHAMBERS, NP16 5LN
MR PETER FRANK ZIMMERMANN ACCOUNTANT
BOSCOBEL HOUSE WELSH STREET, NP16 5LN

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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