£424,714
This estimated value is based upon the latest sale price for the house of £425,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There has been one burglary within the last year on or near Orchard Close
More crime details
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| Price Paid | Date |
|---|---|
| £425,000 | 2 Feb 2023 |
| 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 2023 the House Price Index for MONMOUTHSHIRE was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £425,000 results in an estimated price of approximately £424,714.
| 2 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £425,000 | £-285 | £424,714 |
The Postcode Pricing Model uses changes in average sales price within the NP25 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 | 7.381 % | £31,368 | £456,368 |
| 3 Month Average | -12.097 % | £-51,413 | £373,586 |
| 6 Month Average | -0.012 % | £-51 | £424,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £605,295 | £600,000 | SUNNY VIEW |
| 8 Jun 2023 | £293,505 | £289,950 | 4 ORCHARD CLOSE |
| 2 Feb 2023 | £424,714 | £425,000 | OLD SMITHY COTTAGE |
| 28 Jul 2022 | £511,377 | £510,000 | JUNIPER COTTAGE |
| 7 Apr 2022 | £710,561 | £690,000 | YEW TREE COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Orchard Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Orchard Close |
| Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
| Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
| Jan 2024 | Anti-social behaviour | On or near Orchard Close |