£480,773
This estimated value is based upon the latest sale price for the house of £474,950 on 28 Jun 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £474,950 | 28 Jun 2023 |
| £225,000 | 28 Feb 2007 |
| 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 June 2023 the House Price Index for MONMOUTHSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £474,950 results in an estimated price of approximately £480,773.
| 28 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £474,950 | £5,823 | £480,773 |
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 | -16.352 % | £-77,661 | £397,288 |
| 3 Month Average | 9.348 % | £44,396 | £519,346 |
| 6 Month Average | -1.111 % | £-5,276 | £469,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £234,096 | £230,000 | 3 HARLECH COURT VAUXHALL LANE |
| 16 Aug 2023 | £580,075 | £575,000 | 2 LARKFIELD GROVE |
| 28 Jun 2023 | £480,774 | £474,950 | 13 FITZOSBORN CLOSE |
| 14 Mar 2023 | £472,451 | £468,000 | NEW HOUSE VAUXHALL ROAD |
| 28 Feb 2022 | £445,695 | £425,000 | 39 MOUNTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vauxhall Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardwick Hill |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hardwick Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tempest Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Larkfield Park |