£552,044
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Dec 2019. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 4 Dec 2019 |
| £363,500 | 7 May 2017 |
| 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 December 2019 the House Price Index for MONMOUTHSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £450,000 results in an estimated price of approximately £552,044.
| 4 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £450,000 | £102,044 | £552,044 |
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 | -13.006 % | £-58,525 | £391,474 |
| 3 Month Average | 25.995 % | £116,976 | £566,976 |
| 6 Month Average | 17.811 % | £80,148 | £530,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £437,658 | £430,000 | BROOK COTTAGE |
| 19 Apr 2022 | £499,710 | £485,250 | NANT-Y-BWCH COTTAGE |
| 2 Mar 2022 | £238,340 | £230,000 | OLD SHOP |
| 14 Dec 2021 | £456,407 | £426,000 | GREAT HOUSE COTTAGE |
| 26 Nov 2021 | £575,906 | £532,500 | ST. ANNES COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Old Ross Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Ross Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Ross Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Ross Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Ross Road |