£256,722
This estimated value is based upon the latest sale price for the house of £150,000 on 23 Dec 2010. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 23 Dec 2010 |
| Terraced |
| 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 2010 the House Price Index for MONMOUTHSHIRE was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £150,000 results in an estimated price of approximately £256,722.
| 23 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £150,000 | £106,722 | £256,722 |
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 | 55.940 % | £83,910 | £233,910 |
| 3 Month Average | 74.674 % | £112,010 | £262,010 |
| 6 Month Average | 75.863 % | £113,794 | £263,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £114,923 | £115,000 | 83B SANDY LANE |
| 8 Apr 2022 | £274,441 | £266,500 | 55 SANDY LANE |
| 25 Feb 2022 | £235,956 | £225,000 | 55A SANDY LANE |
| 17 Feb 2022 | £143,671 | £137,000 | 75D SANDY LANE |
| 27 Jan 2022 | £252,578 | £240,000 | 89 GREEN LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Sep 2020. Using an estimated price of £256,722 means this house is valued at £3,130 per sq meter (£290 per sq foot).
The average size of a house on SANDY LANE is 86 sq meters (927 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 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Gardens |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area |