£128,207
This estimated value is based upon the latest sale price for the house of £85,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 28 Nov 2014 |
| £87,000 | 7 Sep 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 692 sq feet |
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 November 2014 the House Price Index for MONMOUTHSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £85,000 results in an estimated price of approximately £128,207.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £85,000 | £43,207 | £128,207 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | 61.506 % | £52,279 | £137,279 |
| 3 Month Average | 58.591 % | £49,801 | £134,801 |
| 6 Month Average | 61.652 % | £52,404 | £137,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £495,217 | £480,000 | 12 NORTH STREET |
| 23 Jun 2023 | £183,681 | £180,000 | FLAT 1 38 CHAPEL ROAD |
| 12 Apr 2023 | £249,670 | £245,000 | 23 NORTH STREET |
| 3 Apr 2023 | £242,536 | £238,000 | 23 MOUNT STREET |
| 5 Sep 2022 | £449,700 | £450,000 | 29 NORTH STREET |
This house has a floor area of 64 sq meters or 692 sq feet when measured on 28 Jan 2011. Using an estimated price of £128,208 means this house is valued at £1,992 per sq meter (£185 per sq foot).
The average size of a house on ORCHARD STREET is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Orchard Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Oct 2024 | Anti-social behaviour | On or near Orchard Street | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Orchard Street |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Orchard Street |