£163,460
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Jan 2015. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 5 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2015 the House Price Index for MONMOUTHSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £110,000 results in an estimated price of approximately £163,460.
| 5 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £110,000 | £53,460 | £163,460 |
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 | 108.886 % | £119,774 | £229,774 |
| 3 Month Average | 89.618 % | £98,579 | £208,579 |
| 6 Month Average | 68.062 % | £74,867 | £184,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £252,206 | £250,000 | 7 WOODLAND VIEW |
| 31 Jul 2023 | £253,411 | £250,000 | 34 HERBERT ROAD |
| 23 Feb 2023 | £114,923 | £115,000 | 83B SANDY LANE |
| 8 Apr 2022 | £274,441 | £266,500 | 55 SANDY LANE |
| 17 Feb 2022 | £143,671 | £137,000 | 75D SANDY LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Sep 2012. Using an estimated price of £163,460 means this house is valued at £1,776 per sq meter (£165 per sq foot).
The average size of a house on WILLOW CLOSE is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Willow Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ash Grove |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Firs Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Maple Close |