£319,089
This estimated value is based upon the latest sale price for the house of £212,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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Price Paid | Date |
---|---|
£212,000 | 12 Sep 2014 |
£64,000 | 26 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 sq feet |
This model uses changes in the Official Land Registry House Price Index for TORFAEN to estimate the market value.
When this house was purchased in September 2014 the House Price Index for TORFAEN was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £212,000 results in an estimated price of approximately £319,089.
12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £212,000 | £107,089 | £319,089 |
The Postcode Pricing Model uses changes in average sales price within the NP4 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 | 2.565 % | £5,437 | £217,437 |
3 Month Average | 17.642 % | £37,401 | £249,401 |
6 Month Average | 22.208 % | £47,080 | £259,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £327,868 | £325,000 | 62 USK ROAD |
31 Jul 2023 | £354,775 | £350,000 | 68 USK ROAD |
22 Mar 2022 | £730,565 | £705,000 | 4 USK VALE COURT |
28 Jan 2022 | £294,674 | £280,000 | 101 USK ROAD |
6 Dec 2021 | £519,618 | £485,000 | HAND FARM HAND FARM ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Sep 2012. Using an estimated price of £319,089 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on USK ROAD is 123 sq meters (1,329 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Usk Vale Court |
Feb 2024 | Anti-social behaviour | On or near Usk Road | |
Feb 2024 | Anti-social behaviour | On or near Usk Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Turnpike Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Turnpike Close |