£258,623
This estimated value is based upon the latest sale price for the house of £50,500 on 18 Jun 1997. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£50,500 | 18 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 June 1997 the House Price Index for MONMOUTHSHIRE was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £50,500 results in an estimated price of approximately £258,623.
18 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £50,500 | £208,123 | £258,623 |
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 | 199.782 % | £100,890 | £151,390 |
3 Month Average | 334.930 % | £169,139 | £219,639 |
6 Month Average | 380.838 % | £192,323 | £242,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £259,541 | £255,000 | 39 ST GEORGE ROAD |
14 Jul 2023 | £369,980 | £365,000 | BREBNER HARDWICK AVENUE |
28 Mar 2023 | £217,045 | £215,000 | SUNNYSIDE CAIRD STREET |
21 Mar 2022 | £269,481 | £260,051 | 50 HARDWICK AVENUE |
10 Dec 2021 | £316,056 | £295,000 | 29 HUGHES CRESCENT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 Aug 2015. Using an estimated price of £258,624 means this house is valued at £2,905 per sq meter (£269 per sq foot).
The average size of a house on SEVERN CRESCENT is 101 sq meters (1,092 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hughes Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hughes Crescent |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waters Road |
Jan 2024 | Drugs | Under investigation | On or near Waters Road |