Usk

Area Guide For Usk

HM Prison Usk is a Category C men's prison, located at 47 Maryport Street in Usk, Monmouthshire, Wales. The prison is operated by Her Majesty's Prison Service, and jointly managed with the nearby HMP Prescoed. Usk is a Victorian prison, opened in 1844 as a House of Correction, and after the addition of other buildings in 1870 the establishment became the Monmouthshire County Gaol, superseding the Monmouth County Gaol in Monmouth. It retained that role until 1922 when it closed, reopening in 1939 as a borstal. It continued as a borstal until 1964 when it became a Detention Centre. In 1983 Usk became a Youth Custody Centre and from 1988 to 1990 a Young Offenders Institution. In May 1990, Usk became an Adult Category C prison for Vulnerable Prisoners (mainly sex offenders) and it continues in that role today. In May 2003 a special workshop was set up in Usk Prison, in conjunction with a local charity. Prisoners in the workshop worked at removing fake logos from clothing, CDs and videos which have been seized by trading standards officers. The rebranded goods were then sold in local charity shops in the region. The project was the first of its kind to be set up in Wales. However, by
 
 

Usk Map

Estimated Price: £333,313
Average Asking Price: £493,955
Price change in last one year: £26,589
Average Price Paid: £281,157
Average Rent Rates: £738

 
 

Property Prices Breakdown in Usk

Average Price for property in Usk is around £333,313 which varies based on type of property you are interested in and ranges from £429,017 for detached house to around £234,861 for semi-detached. Similarly terraced house is around £217,188 and a flat is worth £159,938. Values have been changing and have risen £3,806 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,243 in last 6 months, £26,589 in last 1 year, £36,783 in last 2 years, £45,198 in last 3 years, £39,050 in last 4 years and £36,048 in last 5 years.

Currently average asking price of a property in Usk is around £493,955 based on approximately 65 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £738 per month.

Estimated property value in Usk is £333,313. Average asking price is £493,955 while average price paid is £304,125 which is up by £26,589 and Avg. asking rent £738.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Usk area. In last 1 year alone average price buyer paid is around £304,125 based on approximately 65 sales in Usk area alone. If you compare it to last 3 years sales of 226 properties where buyers paid around £282,802. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £281,157 for 368 and average amount paid for purchase of approx. 494 properties sold in last 7 years comes to about £280,766 per sale.

 
 

Properties For Sale in Usk

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £257,475, £263,618 for a 3 bedroom house, £490,011 for a 4 bedroom house and £715,412 for a 5 bedroom house. For a flat similarly the prices varies from £81,500 for a single bedroom to £91,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Usk it comes to around average £81,500 for 1 bedroom property, £174,362 for 2 bedroom, £263,618 for 3 bedroom, £490,011 for 4 bedroom and £715,412 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £399 for 1 bedroom to £663 for 2 bedrooms, £849 for 3 bedrooms, £1,200 for 4 bedrooms and £1,101 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £399 rent per month for single bedroom property, £640 for 2 bedroom, £849 for 3 bedroom, £1,200 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Usk area.

Popular Houses in Usk

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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