£476,965
This estimated value is based upon the latest sale price for the house of £85,000 on 21 May 1996. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £85,000 | 21 May 1996 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 May 1996 the House Price Index for MONMOUTHSHIRE was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £85,000 results in an estimated price of approximately £476,965.
| 21 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.136 % | £85,000 | £391,965 | £476,965 |
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 | 229.429 % | £195,014 | £280,014 |
| 3 Month Average | 429.831 % | £365,356 | £450,356 |
| 6 Month Average | 416.562 % | £354,077 | £439,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £598,866 | £590,000 | ORCHARD END NEWPORT ROAD |
| 1 Sep 2023 | £531,800 | £525,000 | 15 BEECH GROVE |
| 8 Jun 2022 | £395,590 | £390,000 | 26 BEECH GROVE |
| 28 Feb 2022 | £445,695 | £425,000 | 39 MOUNTON DRIVE |
| 12 Nov 2021 | £811,135 | £750,000 | 4 BEECH GROVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 14 Apr 2015. Using an estimated price of £476,965 means this house is valued at £3,406 per sq meter (£316 per sq foot).
The average size of a house on NEWPORT ROAD is 165 sq meters (1,778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Shoplifting | Under investigation | On or near Petrol Station |