£181,171
This estimated value is based upon the latest sale price for the house of £145,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£145,000 | 2 Feb 2018 |
£151,000 | 15 Jul 2005 |
Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 February 2018 the House Price Index for MONMOUTHSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £145,000 results in an estimated price of approximately £181,171.
2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £145,000 | £36,171 | £181,171 |
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 | 51.399 % | £74,528 | £219,528 |
3 Month Average | 14.102 % | £20,448 | £165,448 |
6 Month Average | 19.347 % | £28,052 | £173,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £303,265 | £300,000 | 65 SARNO SQUARE |
29 Mar 2023 | £166,569 | £165,000 | 51 SARNO SQUARE |
21 Feb 2023 | £144,902 | £145,000 | 62 SARNO SQUARE |
28 Oct 2022 | £155,328 | £157,000 | 57 SARNO SQUARE |
5 Oct 2022 | £178,083 | £180,000 | 18 SARNO SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Apr 2012. Using an estimated price of £181,172 means this house is valued at £2,664 per sq meter (£247 per sq foot).
The average size of a house on SARNO SQUARE is 79 sq meters (859 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sarno Square |
Mar 2024 | Anti-social behaviour | On or near Sarno Square |