£139,909
This estimated value is based upon the latest sale price for the house of £82,500 on 18 Jun 2010. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £82,500 | 18 Jun 2010 |
| £99,000 | 17 Jun 2005 |
| £39,000 | 26 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 June 2010 the House Price Index for MONMOUTHSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £82,500 results in an estimated price of approximately £139,909.
| 18 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £82,500 | £57,409 | £139,909 |
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 | -4.890 % | £-4,034 | £78,465 |
| 3 Month Average | 57.296 % | £47,268 | £129,768 |
| 6 Month Average | 55.327 % | £45,644 | £128,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £248,173 | £245,000 | 19 ST ANN STREET |
| 18 Aug 2023 | £196,721 | £195,000 | FLAT 12 RIVERSIDE MILL THE BACK |
| 3 Aug 2022 | £106,713 | £107,000 | 38 LOWER CHURCH STREET |
| 23 Jun 2022 | £456,451 | £450,000 | 17 LOWER CHURCH STREET |
| 3 Mar 2022 | £404,142 | £390,000 | 10 ST ANN STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 12 Sep 2019. Using an estimated price of £139,909 means this house is valued at £3,041 per sq meter (£282 per sq foot).
The average size of a house on THE BACK is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Back |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near St Ann Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Ann Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lower Church Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Church Street |