£198,282
This estimated value is based upon the latest sale price for the house of £129,000 on 18 Jun 2014. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£129,000 | 18 Jun 2014 |
£60,000 | 27 Sep 2002 |
Terraced |
Freehold |
Floor Area: 159 sq meters or 1,711 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 June 2014 the House Price Index for NEWPORT was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £129,000 results in an estimated price of approximately £198,282.
18 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £129,000 | £69,282 | £198,282 |
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 | 24.774 % | £31,958 | £160,958 |
3 Month Average | 71.411 % | £92,119 | £221,119 |
6 Month Average | 66.898 % | £86,298 | £215,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £315,762 | £313,000 | 6 SUMMERHILL AVENUE |
7 Jun 2023 | £212,575 | £210,000 | 7 SUMMERHILL AVENUE |
25 Apr 2023 | £100,078 | £99,000 | 28 FAIROAK AVENUE |
2 Mar 2023 | £247,330 | £245,000 | 17 SUMMERHILL AVENUE |
22 Jul 2022 | £205,553 | £205,000 | 13 JACKSON PLACE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 22 Nov 2013. Using an estimated price of £198,283 means this house is valued at £1,247 per sq meter (£115 per sq foot).
The average size of a house on SUMMERHILL AVENUE is 152 sq meters (1,644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Jackson Place | |
Mar 2024 | Anti-social behaviour | On or near Jackson Place | |
Mar 2024 | Anti-social behaviour | On or near Jackson Place | |
Mar 2024 | Anti-social behaviour | On or near Jackson Place | |
Mar 2024 | Anti-social behaviour | On or near Jackson Place |