£324,993
This estimated value is based upon the latest sale price for the house of £320,000 on 19 Mar 2024. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£320,000 | 19 Mar 2024 |
£246,000 | 20 Aug 2018 |
£196,000 | 12 May 2016 |
£59,500 | 24 Jul 1998 |
£53,000 | 20 Sep 1996 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 March 2024 the House Price Index for MONMOUTHSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £320,000 results in an estimated price of approximately £324,993.
19 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £320,000 | £4,993 | £324,993 |
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 | 113.017 % | £361,654 | £681,654 |
3 Month Average | 15.299 % | £48,956 | £368,956 |
6 Month Average | 9.365 % | £29,967 | £349,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £324,993 | £320,000 | 38 SEVERN CRESCENT |
13 Dec 2023 | £263,084 | £255,000 | 39 ST GEORGE ROAD |
30 Oct 2023 | £347,902 | £340,000 | 52 ST GEORGE ROAD |
20 Oct 2023 | £327,437 | £320,000 | 32 ST GEORGE ROAD |
28 Mar 2023 | £218,652 | £215,000 | SUNNYSIDE CAIRD STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 25 Jan 2016. Using an estimated price of £324,993 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on SEVERN CRESCENT is 101 sq meters (1,092 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Severn Crescent |
Jun 2024 | Anti-social behaviour | On or near Hughes Crescent | |
Jun 2024 | Anti-social behaviour | On or near Hughes Crescent | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hughes Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |