£235,990
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Nov 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Nov 2023 |
| £158,000 | 1 Mar 2022 |
| £118,750 | 22 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,448 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 2023 the House Price Index for NEWPORT was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £230,000 results in an estimated price of approximately £235,990.
| 29 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £230,000 | £5,990 | £235,990 |
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 | 70.265 % | £161,609 | £391,609 |
| 3 Month Average | 14.672 % | £33,744 | £263,744 |
| 6 Month Average | 2.432 % | £5,594 | £235,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £174,515 | £173,000 | 52 OAKLEY STREET |
| 29 Nov 2023 | £235,990 | £230,000 | 146 CROMWELL ROAD |
| 2 Oct 2023 | £189,299 | £185,000 | 46 JENKINS STREET |
| 9 Jun 2023 | £118,372 | £116,000 | 62 DEWSTOW STREET |
| 6 Jun 2023 | £86,738 | £85,000 | 2 SLADE STREET |
This house has a floor area of 134 sq meters or 1,448 sq feet when measured on 9 Oct 2009. Using an estimated price of £235,990 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on CROMWELL ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Oakley Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Oakley Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakley Street |
| May 2024 | Criminal damage and arson | Under investigation | On or near Oakley Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Oakley Street |