£172,632
This estimated value is based upon the latest sale price for the house of £114,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 8 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2014 the House Price Index for MONMOUTHSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £114,000 results in an estimated price of approximately £172,632.
| 8 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £114,000 | £58,632 | £172,632 |
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 | 124.428 % | £141,848 | £255,848 |
| 3 Month Average | 75.750 % | £86,355 | £200,355 |
| 6 Month Average | 67.789 % | £77,279 | £191,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £263,367 | £260,000 | 183 NEWPORT ROAD |
| 22 Aug 2023 | £363,177 | £360,000 | 240A NEWPORT ROAD |
| 21 Jul 2023 | £253,411 | £250,000 | 26 PARK ROAD |
| 18 Jan 2023 | £257,786 | £259,000 | 34 WESTFIELD |
| 18 Nov 2022 | £266,769 | £270,000 | 13 NEW ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 Jun 2014. Using an estimated price of £172,632 means this house is valued at £1,761 per sq meter (£163 per sq foot).
The average size of a house on NEW ROAD is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near New Road |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Gwaun Y Cwrt |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Westfield |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Westfield |
| Feb 2024 | Vehicle crime | Under investigation | On or near Westfield |