£153,895
This estimated value is based upon the latest sale price for the house of £115,000 on 29 Sep 2016. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 29 Sep 2016 |
£103,000 | 1 Aug 2014 |
£115,000 | 1 Oct 2008 |
£120,000 | 16 Feb 2007 |
£64,000 | 6 Jun 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 September 2016 the House Price Index for MONMOUTHSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £115,000 results in an estimated price of approximately £153,895.
29 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £115,000 | £38,895 | £153,895 |
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 | 42.389 % | £48,747 | £163,747 |
3 Month Average | 63.926 % | £73,515 | £188,515 |
6 Month Average | 55.258 % | £63,546 | £178,546 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £235,184 | £230,000 | FLAT 7 RIVERSIDE COURT SWAN MEADOW MONMOUTH ROAD |
17 Mar 2023 | £305,095 | £300,000 | FLAT 1 RIVERSIDE COURT SWAN MEADOW MONMOUTH ROAD |
23 Feb 2023 | £226,513 | £225,000 | FLAT 29 RIVERSIDE COURT SWAN MEADOW MONMOUTH ROAD |
27 Jan 2023 | £122,828 | £122,500 | FLAT 4 PEGASUS COURT MILL STREET |
23 Nov 2022 | £118,446 | £119,000 | FLAT 17 PEGASUS COURT MILL STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 22 Feb 2014. Using an estimated price of £153,896 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on MILL STREET is 56 sq meters (604 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Sep 2024 | Anti-social behaviour | On or near Supermarket | |
Sep 2024 | Anti-social behaviour | On or near Supermarket | |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |