£627,726
This estimated value is based upon the latest sale price for the house of £550,000 on 29 Jan 2021. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 29 Jan 2021 |
| 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 January 2021 the House Price Index for MONMOUTHSHIRE was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £550,000 results in an estimated price of approximately £627,726.
| 29 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £550,000 | £77,726 | £627,726 |
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 | 14.311 % | £78,712 | £628,712 |
| 3 Month Average | 7.991 % | £43,952 | £593,952 |
| 6 Month Average | 10.286 % | £56,571 | £606,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £359,843 | £355,000 | STOKE COTTAGE |
| 24 Aug 2022 | £299,145 | £299,950 | 29 CRAWSHAY BAILEY CLOSE |
| 19 Mar 2022 | £398,961 | £385,000 | 14 CRAWSHAY BAILEY CLOSE |
| 13 Jan 2022 | £205,214 | £194,995 | 51 THE AVENUE |
| 6 Jan 2022 | £394,653 | £375,000 | MARDY COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Lane | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Lane |
| Feb 2024 | Anti-social behaviour | On or near Oak Tree Lane | |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |