£273,124
This estimated value is based upon the latest sale price for the house of £270,000 on 16 Feb 2024. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 16 Feb 2024 |
| Semi-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 February 2024 the House Price Index for MONMOUTHSHIRE was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £270,000 results in an estimated price of approximately £273,124.
| 16 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.6 | 1.157 % | £270,000 | £3,124 | £273,124 |
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 | -34.116 % | £-92,112 | £177,887 |
| 3 Month Average | -0.980 % | £-2,646 | £267,353 |
| 6 Month Average | -5.315 % | £-14,351 | £255,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £492,294 | £486,000 | 21 WARWICK CLOSE |
| 15 Mar 2023 | £336,167 | £333,000 | 1 LARKFIELD AVENUE |
| 17 Feb 2023 | £456,443 | £456,750 | 5 THE PADDOCK |
| 14 Nov 2022 | £494,016 | £500,000 | 3A HIGH BEECH LANE |
| 15 Jul 2022 | £418,126 | £417,000 | 3 THE PADDOCK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Larkfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mathern Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mathern Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Warwick Close |
| Mar 2024 | Anti-social behaviour | On or near Larkhill Close |