£202,466
This estimated value is based upon the latest sale price for the house of £118,000 on 7 Sep 2006. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 7 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2006 the House Price Index for MONMOUTHSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £118,000 results in an estimated price of approximately £202,466.
| 7 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £118,000 | £84,466 | £202,466 |
The Postcode Pricing Model uses changes in average sales price within the NP26 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 | 74.555 % | £87,975 | £205,975 |
| 3 Month Average | 77.210 % | £91,107 | £209,107 |
| 6 Month Average | 76.074 % | £89,767 | £207,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £385,000 | £385,000 | STEEPHOLME THE AVENUE |
| 23 Apr 2024 | £252,140 | £249,950 | 40 WESTFIELD |
| 2 Nov 2022 | £288,650 | £290,000 | 14 STATION ROAD |
| 25 Aug 2022 | £301,359 | £299,950 | 6 THE AVENUE |
| 25 Jul 2022 | £118,184 | £117,000 | 7 WESTFIELD AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Aug 2013. Using an estimated price of £202,467 means this house is valued at £2,736 per sq meter (£254 per sq foot).
The average size of a house on NEWPORT ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Severn View |
| Sep 2024 | Public order | Under investigation | On or near Severn View |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Severn View |
| Aug 2024 | Public order | Under investigation | On or near Severn View |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Severn View |