£239,483
This estimated value is based upon the latest sale price for the house of £42,500 on 30 Jun 1995. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £42,500 | 30 Jun 1995 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 June 1995 the House Price Index for NEWPORT was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £42,500 results in an estimated price of approximately £239,483.
| 30 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.491 % | £42,500 | £196,983 | £239,483 |
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 | 317.971 % | £135,137 | £177,637 |
| 3 Month Average | 385.738 % | £163,938 | £206,438 |
| 6 Month Average | 362.451 % | £154,041 | £196,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £160,559 | £157,750 | 28 ARMSTRONG CLOSE |
| 14 Feb 2023 | £249,832 | £250,000 | 68 THOMPSON AVENUE |
| 13 Feb 2023 | £197,367 | £197,500 | 22 ROYSTON CRESCENT |
| 26 Jul 2022 | £247,667 | £247,000 | 42 LISWERRY ROAD |
| 29 Apr 2022 | £123,576 | £120,000 | 2 CHURCHWARD DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Jun 2021. Using an estimated price of £239,484 means this house is valued at £3,421 per sq meter (£317 per sq foot).
The average size of a house on THOMPSON AVENUE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thompson Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thompson Avenue |
| Apr 2024 | Public order | Under investigation | On or near Eschol Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eschol Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eschol Close |