£88,993
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Oct 2017 |
| £44,740 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2017 the House Price Index for NEWPORT was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £70,000 results in an estimated price of approximately £88,993.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £70,000 | £18,993 | £88,993 |
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 | 32.769 % | £22,938 | £92,938 |
| 3 Month Average | 33.915 % | £23,740 | £93,740 |
| 6 Month Average | 42.055 % | £29,438 | £99,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £161,402 | £160,000 | 39 HAWKINS CRESCENT |
| 19 Dec 2023 | £157,335 | £152,500 | 12 HOWARD CLOSE |
| 15 Dec 2023 | £154,755 | £150,000 | 10 HOWARD CLOSE |
| 27 Oct 2023 | £140,184 | £137,000 | 59 LLANWERN ROAD |
| 31 Aug 2023 | £157,847 | £155,000 | 18 HOWARD CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Apr 2018. Using an estimated price of £88,994 means this house is valued at £780 per sq meter (£72 per sq foot).
The average size of a house on DRAKE CLOSE is 151 sq meters (1,628 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Close |
| Jun 2024 | Public order | Awaiting court outcome | On or near Drake Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Drake Close |
| Apr 2024 | Public order | Under investigation | On or near Drake Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Drive |