£176,858
This estimated value is based upon the latest sale price for the house of £127,000 on 4 Nov 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£127,000 | 4 Nov 2015 |
£118,000 | 23 Nov 2012 |
£68,500 | 22 Nov 2000 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 792 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 November 2015 the House Price Index for NEWPORT was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £127,000 results in an estimated price of approximately £176,858.
4 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £127,000 | £49,858 | £176,858 |
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 | 126.746 % | £160,967 | £287,967 |
3 Month Average | 26.041 % | £33,072 | £160,072 |
6 Month Average | 35.569 % | £45,172 | £172,172 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £218,231 | £215,000 | 1 RAGLAN MEWS |
31 Aug 2023 | £252,206 | £250,000 | 15 RAGLAN MEWS |
17 Feb 2023 | £179,879 | £180,000 | 9 CASTELL COCH DRIVE |
27 Jan 2023 | £248,828 | £250,000 | 37 WHITE AVENUE |
27 Jan 2023 | £238,875 | £240,000 | 10 WHITE AVENUE |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 2 Apr 2011. Using an estimated price of £176,858 means this house is valued at £2,402 per sq meter (£223 per sq foot).
The average size of a house on PENHOW MEWS is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near White Avenue |
Feb 2024 | Anti-social behaviour | On or near Goodrich Grove | |
Feb 2024 | Anti-social behaviour | On or near Goodrich Grove | |
Feb 2024 | Anti-social behaviour | On or near Goodrich Grove | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenby Close |