£132,839
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 Jun 2022 |
| £85,000 | 2 Sep 2016 |
| £92,500 | 30 Nov 2004 |
| £46,250 | 30 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2022 the House Price Index for NEWPORT was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £130,000 results in an estimated price of approximately £132,839.
| 28 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £130,000 | £2,839 | £132,839 |
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 | -7.897 % | £-10,266 | £119,733 |
| 3 Month Average | 3.895 % | £5,062 | £135,062 |
| 6 Month Average | 10.594 % | £13,772 | £143,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £135,153 | £131,000 | 11 HAMPDEN ROAD |
| 6 Oct 2023 | £133,021 | £130,000 | 3 OLIVER ROAD |
| 18 Aug 2023 | £71,286 | £70,000 | 185B CROMWELL ROAD |
| 11 Aug 2023 | £170,067 | £167,000 | 226 CROMWELL ROAD |
| 31 Mar 2023 | £218,652 | £215,000 | 47 FAIRFAX ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Mar 2016. Using an estimated price of £132,840 means this house is valued at £1,355 per sq meter (£125 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oliver Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oliver Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oliver Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oliver Road |