£1,185,350
This estimated value is based upon the latest sale price for the house of £485,000 on 5 Mar 2003. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £485,000 | 5 Mar 2003 |
| £176,000 | 1 Jul 2002 |
| 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 March 2003 the House Price Index for MONMOUTHSHIRE was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £485,000 results in an estimated price of approximately £1,185,350.
| 5 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £485,000 | £700,350 | £1,185,350 |
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 | 302.967 % | £1,469,389 | £1,954,389 |
| 3 Month Average | 147.450 % | £715,131 | £1,200,131 |
| 6 Month Average | 142.823 % | £692,692 | £1,177,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £571,452 | £560,000 | GREYSTONES |
| 31 Mar 2023 | £752,568 | £740,000 | CRINAN HOUSE |
| 23 Mar 2023 | £722,058 | £710,000 | 7 HOME FARM COURT |
| 10 Mar 2023 | £661,039 | £650,000 | 8 HOME FARM COURT |
| 23 Jan 2023 | £388,538 | £387,500 | 3 USK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Earlswood Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Blacksmiths Lane |
| Jul 2024 | Burglary | Under investigation | On or near Crick Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Spout Hill |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Weyloed Lane |