£531,838
This estimated value is based upon the latest sale price for the house of £407,000 on 23 Jan 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £407,000 | 23 Jan 2017 |
| £325,000 | 24 Oct 2005 |
| £67,000 | 2 Nov 2000 |
| 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 January 2017 the House Price Index for MONMOUTHSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £407,000 results in an estimated price of approximately £531,838.
| 23 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £407,000 | £124,838 | £531,838 |
The Postcode Pricing Model uses changes in average sales price within the NP26 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 | 28.504 % | £116,009 | £523,009 |
| 3 Month Average | 46.665 % | £189,925 | £596,925 |
| 6 Month Average | 45.510 % | £185,224 | £592,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £416,040 | £418,000 | 21 BLENHEIM AVENUE |
| 6 Jan 2023 | £423,007 | £425,000 | 7A QUEENS GARDENS |
| 14 Apr 2022 | £334,685 | £325,000 | HAR BELLE NEWPORT ROAD |
| 13 Apr 2022 | £386,175 | £375,000 | CHARIS NEWPORT ROAD |
| 18 Feb 2022 | £776,034 | £740,000 | 19B QUEENS GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Gardens |
| Jan 2024 | Public order | Offender given a caution | On or near Blenheim Park |