£164,727
This estimated value is based upon the latest sale price for the house of £126,500 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £126,500 | 28 Apr 2017 |
| £40,000 | 27 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 April 2017 the House Price Index for NEWPORT was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £126,500 results in an estimated price of approximately £164,727.
| 28 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £126,500 | £38,227 | £164,727 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 13.003 % | £16,449 | £142,949 |
| 3 Month Average | 32.723 % | £41,394 | £167,894 |
| 6 Month Average | 26.084 % | £32,996 | £159,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £165,072 | £160,000 | 2 BUCCANEER GROVE |
| 30 Jun 2023 | £190,824 | £187,000 | 18 SIR CHARLES SQUARE |
| 24 Apr 2023 | £139,611 | £137,000 | 8 RACHEL SQUARE |
| 10 Feb 2023 | £161,076 | £160,000 | 11 BUCCANEER WAY |
| 28 Nov 2022 | £263,767 | £265,000 | 14 BUCCANEER GROVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 20 May 2014. Using an estimated price of £164,727 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on RACHEL SQUARE is 54 sq meters (591 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Rachel Square |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rachel Square |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Buccaneer Way |
| Jul 2024 | Anti-social behaviour | On or near Buccaneer Way | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Catherine Close |