£274,978
This estimated value is based upon the latest sale price for the house of £162,000 on 1 Apr 2010. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 1 Apr 2010 |
| £99,950 | 8 Jan 2003 |
| 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 April 2010 the House Price Index for MONMOUTHSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £162,000 results in an estimated price of approximately £274,978.
| 1 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £162,000 | £112,978 | £274,978 |
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 | 16.438 % | £26,629 | £188,629 |
| 3 Month Average | 62.655 % | £101,501 | £263,501 |
| 6 Month Average | 60.754 % | £98,421 | £260,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £284,986 | £280,000 | 19 FAIRFIELD ROAD |
| 30 Mar 2023 | £98,932 | £98,000 | 11 MEADS COURT |
| 17 Feb 2023 | £244,835 | £245,000 | 14 CHANNEL VIEW |
| 10 Feb 2023 | £234,842 | £235,000 | 45 QUEENS ROAD |
| 24 Jan 2023 | £363,289 | £365,000 | 6 MATHERN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Ewens Road |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mathern Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mathern Way |