£190,909
This estimated value is based upon the latest sale price for the house of £123,000 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£123,000 | 7 Dec 2007 |
£90,000 | 15 Jun 2007 |
£85,000 | 13 Sep 2006 |
£43,500 | 18 Jul 2003 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2007 the House Price Index for NEWPORT was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £123,000 results in an estimated price of approximately £190,909.
7 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.6 | 55.211 % | £123,000 | £67,909 | £190,909 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | -3.877 % | £-4,768 | £118,231 |
3 Month Average | 23.548 % | £28,963 | £151,963 |
6 Month Average | 40.904 % | £50,311 | £173,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £149,717 | £147,500 | 23 CLARENCE STREET |
25 Aug 2023 | £226,986 | £225,000 | 118 COMMERCIAL ROAD |
25 Aug 2023 | £141,236 | £140,000 | 119 COMMERCIAL ROAD |
24 Aug 2023 | £51,450 | £51,000 | FLAT 2 9 CLARENCE STREET |
7 Feb 2023 | £229,845 | £230,000 | 89 COMMERCIAL ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 May 2015. Using an estimated price of £190,910 means this house is valued at £1,909 per sq meter (£177 per sq foot).
The average size of a house on POTTER STREET is 121 sq meters (1,305 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Potter Street |
Jan 2024 | Possession of weapons | Under investigation | On or near Potter Street |
Jan 2024 | Drugs | Awaiting court outcome | On or near Potter Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Place |