£571,682
This estimated value is based upon the latest sale price for the house of £400,000 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 2 Sep 2015 |
| 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 September 2015 the House Price Index for MONMOUTHSHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £400,000 results in an estimated price of approximately £571,682.
| 2 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £400,000 | £171,682 | £571,682 |
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 | 107.076 % | £428,305 | £828,305 |
| 3 Month Average | 45.211 % | £180,843 | £580,843 |
| 6 Month Average | 51.937 % | £207,747 | £607,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2022 | £474,135 | £464,000 | SPRING HOUSE |
| 19 May 2022 | £985,679 | £960,000 | BROADWINDS CHAPEL LANE |
| 18 Mar 2022 | £595,042 | £570,000 | 1 PWLLMEYRIC CLOSE |
| 17 Feb 2022 | £422,583 | £400,000 | HILL FARM COTTAGE |
| 3 Feb 2022 | £950,812 | £900,000 | THE CEDARS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pwllmeyric Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Green |
| 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 |