£416,064
This estimated value is based upon the latest sale price for the house of £242,500 on 1 Aug 2012. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£242,500 | 1 Aug 2012 |
£128,000 | 19 Jun 1998 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,385 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 August 2012 the House Price Index for NEWPORT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £242,500 results in an estimated price of approximately £416,064.
1 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £242,500 | £173,564 | £416,064 |
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 | 68.281 % | £165,581 | £408,081 |
3 Month Average | 71.210 % | £172,683 | £415,183 |
6 Month Average | 77.194 % | £187,194 | £429,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £226,974 | £220,000 | 461 CAERLEON ROAD |
12 Jun 2023 | £382,669 | £375,000 | 27 CLIPPER CLOSE |
21 Apr 2023 | £195,660 | £192,000 | 70 THE MOORINGS |
30 Nov 2022 | £418,045 | £420,000 | 19 CUTTER CLOSE |
24 Nov 2022 | £266,753 | £268,000 | 68 THE MOORINGS |
This house has a floor area of 128 sq meters or 1,385 sq feet when measured on 5 Sep 2011. Using an estimated price of £416,065 means this house is valued at £3,232 per sq meter (£300 per sq foot).
The average size of a house on CUTTER CLOSE is 141 sq meters (1,526 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Clipper Close |
Jun 2024 | Anti-social behaviour | On or near Clipper Close | |
Jun 2024 | Anti-social behaviour | On or near Clipper Close | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Moorings |
May 2024 | Public order | Investigation complete; no suspect identified | On or near The Moorings |