£1,076,312
This estimated value is based upon the latest sale price for the house of £650,000 on 29 Jul 2008. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £650,000 | 29 Jul 2008 |
| £445,000 | 2 Aug 2004 |
| 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 July 2008 the House Price Index for MONMOUTHSHIRE was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £650,000 results in an estimated price of approximately £1,076,312.
| 29 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £650,000 | £426,312 | £1,076,312 |
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 | 167.879 % | £1,091,210 | £1,741,210 |
| 3 Month Average | 59.165 % | £384,572 | £1,034,572 |
| 6 Month Average | 59.250 % | £385,126 | £1,035,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £346,953 | £340,000 | ELM TREE |
| 29 Mar 2023 | £213,567 | £210,000 | ERWLON |
| 21 Mar 2023 | £1,027,306 | £1,010,150 | ALPINE FARM |
| 1 Mar 2023 | £805,960 | £792,500 | RAVENSHILL |
| 1 Mar 2023 | £854,266 | £840,000 | GLYN FARM BARN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wayne Close |
| Aug 2024 | Other theft | Under investigation | On or near Roman Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Roman Way |
| Jun 2024 | Other crime | Under investigation | On or near Roman Way |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Roman Park View |