£368,653
This estimated value is based upon the latest sale price for the house of £272,500 on 12 May 2016. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£272,500 | 12 May 2016 |
£220,000 | 12 Dec 2003 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 May 2016 the House Price Index for MONMOUTHSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £272,500 results in an estimated price of approximately £368,653.
12 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £272,500 | £96,153 | £368,653 |
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 | 114.171 % | £311,114 | £583,614 |
3 Month Average | 57.649 % | £157,094 | £429,594 |
6 Month Average | 58.071 % | £158,244 | £430,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £465,574 | £455,000 | 102 PARK CRESCENT |
1 Sep 2023 | £388,566 | £380,000 | 83 PARK CRESCENT |
1 Jun 2023 | £275,521 | £270,000 | 6 BLORENGE ROAD |
17 Mar 2023 | £274,586 | £270,000 | 70 PARK CRESCENT |
17 Feb 2023 | £417,791 | £415,000 | 37 PARK AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 5 Aug 2015. Using an estimated price of £368,653 means this house is valued at £4,726 per sq meter (£439 per sq foot).
The average size of a house on PARK CRESCENT is 111 sq meters (1,199 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Crescent |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blorenge Road |
Jul 2024 | Burglary | Under investigation | On or near Deri Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Deri Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Deri Road |