£227,368
This estimated value is based upon the latest sale price for the house of £115,000 on 24 Jun 2004. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 24 Jun 2004 |
| £93,000 | 23 Jul 2003 |
| £56,000 | 25 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2004 the House Price Index for MONMOUTHSHIRE was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £115,000 results in an estimated price of approximately £227,368.
| 24 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £115,000 | £112,368 | £227,368 |
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 | 83.958 % | £96,551 | £211,551 |
| 3 Month Average | 108.314 % | £124,561 | £239,561 |
| 6 Month Average | 110.044 % | £126,551 | £241,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £223,001 | £220,000 | 8 ORCHARD CLOSE |
| 31 Jul 2023 | £309,161 | £305,000 | 1 ORCHARD CLOSE |
| 10 Feb 2023 | £284,808 | £285,000 | 1 CAEMAWR GROVE |
| 2 Nov 2022 | £286,529 | £290,000 | 14 STATION ROAD |
| 25 Aug 2022 | £299,145 | £299,950 | 6 THE AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Feb 2015. Using an estimated price of £227,369 means this house is valued at £3,114 per sq meter (£289 per sq foot).
The average size of a house on ORCHARD CLOSE is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Close |
| Mar 2024 | Robbery | Under investigation | On or near Newport Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newport Road |
| Feb 2024 | Burglary | Under investigation | On or near Newport Road |