£160,776
This estimated value is based upon the latest sale price for the house of £93,000 on 11 Oct 2011. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £93,000 | 11 Oct 2011 |
| £42,250 | 27 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 October 2011 the House Price Index for MONMOUTHSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £93,000 results in an estimated price of approximately £160,776.
| 11 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £93,000 | £67,776 | £160,776 |
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 | 88.731 % | £82,519 | £175,519 |
| 3 Month Average | 76.138 % | £70,808 | £163,808 |
| 6 Month Average | 73.464 % | £68,321 | £161,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £213,156 | £210,000 | 27 DURAND ROAD |
| 31 Jul 2023 | £202,729 | £200,000 | 8 NORMAN COURT |
| 11 Jul 2023 | £218,947 | £216,000 | 25 DURAND ROAD |
| 25 Apr 2023 | £126,122 | £124,764 | FLAT 3 WESLEY HOUSE NEWPORT ROAD |
| 10 Feb 2023 | £364,755 | £365,000 | 98 NEWPORT ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 Jul 2012. Using an estimated price of £160,777 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on WAGHAUSEL CLOSE is 75 sq meters (816 sq feet).