£120,513
This estimated value is based upon the latest sale price for the house of £22,000 on 15 Nov 1996. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Milner Street
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Price Paid | Date |
---|---|
£22,000 | 15 Nov 1996 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 1996 the House Price Index for NEWPORT was 27.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 447.788%.Applying this 447.788% change to the original purchase price of £22,000 results in an estimated price of approximately £120,513.
15 Nov 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.3 | 149.7 | 447.788 % | £22,000 | £98,513 | £120,513 |
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 | 351.702 % | £77,374 | £99,374 |
3 Month Average | 399.661 % | £87,925 | £109,925 |
6 Month Average | 406.240 % | £89,372 | £111,372 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £136,183 | £135,000 | 11 JENKINS STREET |
22 Mar 2024 | £183,824 | £181,000 | 2A HAMILTON STREET |
7 Dec 2023 | £152,692 | £148,000 | 1 MILNER STREET |
4 Aug 2023 | £203,673 | £200,000 | 17 HAMILTON STREET |
21 Jun 2023 | £181,130 | £177,500 | 46 MILNER STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Jul 2021. Using an estimated price of £120,513 means this house is valued at £1,565 per sq meter (£145 per sq foot).
The average size of a house on MILNER STREET is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Milner Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Milner Street |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Milner Street |
Jul 2024 | Vehicle crime | Under investigation | On or near Hamilton Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Street |