£225,342
This estimated value is based upon the latest sale price for the house of £133,500 on 18 Feb 2013. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,500 | 18 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2013 the House Price Index for MONMOUTHSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £133,500 results in an estimated price of approximately £225,342.
| 18 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £133,500 | £91,842 | £225,342 |
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 | 45.584 % | £60,854 | £194,354 |
| 3 Month Average | 75.360 % | £100,604 | £234,104 |
| 6 Month Average | 81.112 % | £108,284 | £241,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £309,161 | £305,000 | 1 ORCHARD CLOSE |
| 31 Jul 2023 | £223,001 | £220,000 | 8 ORCHARD CLOSE |
| 2 Nov 2022 | £286,529 | £290,000 | 14 STATION ROAD |
| 25 Aug 2022 | £299,145 | £299,950 | 6 THE AVENUE |
| 25 Jul 2022 | £117,316 | £117,000 | 7 WESTFIELD AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Oct 2012. Using an estimated price of £225,342 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on NEWPORT ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Severn View |
| Mar 2024 | Shoplifting | Under investigation | On or near Severn View |
| Mar 2024 | Anti-social behaviour | On or near Severn View | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Severn View |
| Mar 2024 | Shoplifting | Under investigation | On or near Severn View |