£289,776
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Jul 2008. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £175,000 | 17 Jul 2008 |
| £138,000 | 6 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2008 the House Price Index for NEWPORT was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £175,000 results in an estimated price of approximately £289,776.
| 17 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £175,000 | £114,776 | £289,776 |
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 | 51.029 % | £89,301 | £264,301 |
| 3 Month Average | 55.693 % | £97,463 | £272,463 |
| 6 Month Average | 45.951 % | £80,413 | £255,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £243,686 | £237,500 | 27 GROSMONT WAY |
| 13 Oct 2023 | £296,740 | £290,000 | 24 GROSMONT WAY |
| 28 Apr 2023 | £425,458 | £417,500 | 46 GROSMONT WAY |
| 3 Feb 2023 | £256,715 | £255,000 | 10 CHIRK CLOSE |
| 25 Jan 2023 | £340,911 | £340,000 | 19 DUNRAVEN DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 10 Sep 2018. Using an estimated price of £289,776 means this house is valued at £2,355 per sq meter (£218 per sq foot).
The average size of a house on CHIRK CLOSE is 115 sq meters (1,243 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chirk Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chirk Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chirk Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chirk Close |
| Jun 2024 | Anti-social behaviour | On or near Powis Close |