£195,126
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Sep 2007. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Sep 2007 |
| £48,000 | 7 Apr 2000 |
| £45,750 | 26 Sep 1997 |
| £42,995 | 24 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 September 2007 the House Price Index for NEWPORT was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £125,000 results in an estimated price of approximately £195,126.
| 7 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £125,000 | £70,126 | £195,126 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 83.089 % | £103,861 | £228,861 |
| 3 Month Average | 25.590 % | £31,987 | £156,987 |
| 6 Month Average | 35.517 % | £44,395 | £169,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £162,849 | £160,000 | 2 BUCCANEER GROVE |
| 17 Jul 2023 | £135,321 | £133,500 | 20 RACHEL SQUARE |
| 24 Apr 2023 | £138,491 | £137,000 | 8 RACHEL SQUARE |
| 17 Feb 2023 | £179,879 | £180,000 | 9 CASTELL COCH DRIVE |
| 28 Nov 2022 | £261,828 | £265,000 | 14 BUCCANEER GROVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Aug 2014. Using an estimated price of £195,127 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on OCTAVIUS CLOSE is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rachel Square |
| Apr 2024 | Robbery | Under investigation | On or near Rachel Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rachel Square |
| Mar 2024 | Anti-social behaviour | On or near Catherine Close | |
| Mar 2024 | Anti-social behaviour | On or near Catherine Close |