£261,964
This estimated value is based upon the latest sale price for the house of £265,000 on 21 Dec 2022. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 21 Dec 2022 |
| £200,000 | 16 Mar 2022 |
| £145,000 | 3 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2022 the House Price Index for MONMOUTHSHIRE was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £265,000 results in an estimated price of approximately £261,964.
| 21 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £265,000 | £-3,035 | £261,964 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | -50.211 % | £-133,059 | £131,940 |
| 3 Month Average | -10.757 % | £-28,506 | £236,493 |
| 6 Month Average | -7.895 % | £-20,922 | £244,077 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Oct 2021.
The average size of a house on OLD HEREFORD ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellfield Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Wellfield Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Crescent |
| Feb 2024 | Anti-social behaviour | On or near Park Crescent |