Full Address

SPRINGHILL
EARLSWOOD
CHEPSTOW
MONMOUTHSHIRE
UNITED KINGDOM
NP16 6AR

Estimated Market Value

£785,863

This estimated value is based upon the latest sale price for the house of £540,000 on 7 May 2008. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE1

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Transactions for this house
Price PaidDate
£540,0007 May 2008
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 May 2008 the House Price Index for MONMOUTHSHIRE was 91.9.

The House Price Index as of 1 Dec 2019 is 133.8 which is a change of 45.530%.

Applying this 45.530% change to the original purchase price of £540,000 gives us an estimated price now of around £785,863.

7 May 2008 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
91.9 133.8 45.530 % £540,000 £245,863 £785,863

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 28.139 % £151,948 £691,948
3 Month Average 49.333 % £266,400 £806,400
6 Month Average 60.625 % £327,376 £867,376
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
30 Aug 2019 £1,426,794 £1,400,000 WATERSPRINGS
26 Jul 2019 £584,114 £585,000 2 SCHOOL COURT
10 Jun 2019 £616,571 £610,000 BLUEBELL LANE COTTAGE
18 Apr 2019 £353,607 £332,000 FOST
4 Apr 2019 £484,612 £455,000 REDLANDS WELL LANE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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