£240,074
This estimated value is based upon the latest sale price for the house of £155,000 on 17 Aug 2007. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 17 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2007 the House Price Index for MONMOUTHSHIRE was 94.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.887%.Applying this 54.887% change to the original purchase price of £155,000 results in an estimated price of approximately £240,074.
| 17 Aug 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 146.7 | 54.887 % | £155,000 | £85,074 | £240,074 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | -15.059 % | £-23,341 | £131,658 |
| 3 Month Average | 43.015 % | £66,673 | £221,673 |
| 6 Month Average | 45.956 % | £71,231 | £226,231 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 6 Dec 2021.
The average size of a house on HEREFORD ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Summerfield Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Summerfield Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Park Court |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Alexandra Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B4521 |