£148,717
This estimated value is based upon the latest sale price for the house of £117,100 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £117,100 | 17 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2017 the House Price Index for NEWPORT was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £117,100 results in an estimated price of approximately £148,717.
| 17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £117,100 | £31,617 | £148,717 |
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 | 45.133 % | £52,851 | £169,951 |
| 3 Month Average | 49.374 % | £57,816 | £174,916 |
| 6 Month Average | 42.493 % | £49,759 | £166,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £162,751 | £157,750 | 28 ARMSTRONG CLOSE |
| 7 Nov 2023 | £57,715 | £56,250 | FLAT 1 35 LIBENETH ROAD |
| 7 Nov 2023 | £70,541 | £68,750 | FLAT 2 35 LIBENETH ROAD |
| 12 Oct 2023 | £153,486 | £150,000 | 30 HAWKSWORTH GROVE |
| 29 Apr 2022 | £124,491 | £120,000 | 2 CHURCHWARD DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Oct 2017. Using an estimated price of £148,717 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on ARMSTRONG CLOSE is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Armstrong Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawksworth Grove |
| Jun 2024 | Anti-social behaviour | On or near Libeneth Road | |
| May 2024 | Possession of weapons | Local resolution | On or near Libeneth Road |
| Apr 2024 | Anti-social behaviour | On or near Libeneth Road |