£214,452
This estimated value is based upon the latest sale price for the house of £38,000 on 29 Mar 1996. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £38,000 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 1996 the House Price Index for MONMOUTHSHIRE was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £38,000 results in an estimated price of approximately £214,452.
| 29 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £38,000 | £176,452 | £214,452 |
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 | 450.823 % | £171,312 | £209,312 |
| 3 Month Average | 459.300 % | £174,533 | £212,533 |
| 6 Month Average | 421.328 % | £160,104 | £198,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £248,342 | £245,000 | 10 COBB CRESCENT |
| 31 Jul 2023 | £223,001 | £220,000 | 8 ORCHARD CLOSE |
| 31 Jul 2023 | £309,161 | £305,000 | 1 ORCHARD CLOSE |
| 31 Jul 2023 | £202,729 | £200,000 | 8 NORMAN COURT |
| 10 Feb 2023 | £284,808 | £285,000 | 1 CAEMAWR GROVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 1 Jul 2020. Using an estimated price of £214,453 means this house is valued at £2,493 per sq meter (£231 per sq foot).
The average size of a house on NEWPORT ROAD is 97 sq meters (1,044 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Caemawr Grove |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norman Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norman Court |