£220,163
This estimated value is based upon the latest sale price for the house of £162,995 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£162,995 | 18 Mar 2016 |
£139,979 | 18 Mar 2016 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 March 2016 the House Price Index for NEWPORT was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £162,995 results in an estimated price of approximately £220,163.
18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £162,995 | £57,168 | £220,163 |
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 | 31.572 % | £51,460 | £214,455 |
3 Month Average | 68.289 % | £111,308 | £274,303 |
6 Month Average | 52.881 % | £86,194 | £249,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jul 2022 | £160,432 | £160,000 | 305 CORPORATION ROAD |
24 Jun 2022 | £207,634 | £204,700 | 2A WALSALL STREET |
5 May 2022 | £234,417 | £230,000 | 4 LOFTUS AVENUE |
14 Apr 2022 | £167,342 | £162,500 | 3 HANDSWORTH STREET |
29 Mar 2022 | £240,931 | £232,500 | 20 WEDNESBURY STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Apr 2015. Using an estimated price of £220,163 means this house is valued at £2,473 per sq meter (£229 per sq foot).
The average size of a house on WEDNESBURY STREET is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Local resolution | On or near Wednesbury Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wednesbury Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wednesbury Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Loftus Walk |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bilston Street |