£144,804
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £110,000 | 27 Jan 2017 |
| £60,000 | 15 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEWPORT to estimate the market value.
When this house was purchased in January 2017 the House Price Index for NEWPORT was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £110,000 results in an estimated price of approximately £144,804.
| 27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £110,000 | £34,804 | £144,804 |
The Postcode Pricing Model uses changes in average sales price within the NP19 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 | 39.592 % | £43,551 | £153,551 |
| 3 Month Average | 51.490 % | £56,639 | £166,639 |
| 6 Month Average | 54.118 % | £59,530 | £169,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £162,497 | £160,000 | 10 RIVERSIDE |
| 15 Dec 2023 | £170,231 | £165,000 | 7 EAST USK ROAD |
| 25 Sep 2023 | £153,381 | £150,000 | 8 RUDRY STREET |
| 24 Sep 2023 | £182,012 | £178,000 | 21 BOND STREET |
| 14 Aug 2023 | £146,136 | £143,500 | 4 BOND STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Jan 2017. Using an estimated price of £144,804 means this house is valued at £2,039 per sq meter (£189 per sq foot).
The average size of a house on FRANK STREET is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Frank Street |
| Jul 2024 | Other crime | Under investigation | On or near East Usk Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near East Usk Road |
| Jul 2024 | Anti-social behaviour | On or near Rudry Street | |
| Jun 2024 | Robbery | Under investigation | On or near Rudry Street |