£554,964
This estimated value is based upon the latest sale price for the house of £475,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 30 Oct 2020 |
| £168,000 | 18 Aug 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 October 2020 the House Price Index for MONMOUTHSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £475,000 results in an estimated price of approximately £554,964.
| 30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £475,000 | £79,964 | £554,964 |
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 | 28.981 % | £137,659 | £612,659 |
| 3 Month Average | 32.152 % | £152,720 | £627,720 |
| 6 Month Average | 32.394 % | £153,870 | £628,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £190,156 | £189,000 | 7 MOORLANDS VIEW |
| 12 Apr 2022 | £292,308 | £285,000 | 23 THE CLOSE |
| 4 Feb 2022 | £266,337 | £255,000 | 26 THE CLOSE |
| 19 Jan 2022 | £207,011 | £197,500 | 60 THE CLOSE |
| 12 Nov 2021 | £263,901 | £245,000 | 5 PILL ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Norman Way |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Norman Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Estuary View |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Estuary View |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Estuary View |