£655,714
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Jul 2000. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 25 Jul 2000 |
| £115,000 | 8 Jul 1997 |
| 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 July 2000 the House Price Index for MONMOUTHSHIRE was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £175,000 results in an estimated price of approximately £655,714.
| 25 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £175,000 | £480,714 | £655,714 |
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 | 486.563 % | £851,485 | £1,026,485 |
| 3 Month Average | 249.474 % | £436,579 | £611,579 |
| 6 Month Average | 272.984 % | £477,721 | £652,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £218,355 | £215,000 | 8 BAILEYS HAY |
| 19 Dec 2023 | £541,644 | £525,000 | 11 BIRDWOOD GARDENS |
| 3 Feb 2023 | £322,152 | £320,000 | 11 THE CRESCENT |
| 28 Sep 2022 | £443,454 | £443,750 | THE GABLES |
| 29 Jul 2022 | £349,639 | £346,136 | 5 ST TEWDRICS PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Parklands Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parklands Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near St Tewdrics Place |
| Sep 2024 | Public order | Under investigation | On or near St Tewdrics Place |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Lane |