£104,460
This estimated value is based upon the latest sale price for the house of £80,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£80,000 | 10 Mar 2017 |
Flats/Maisonettes |
Freehold |
Floor Area: 108 sq meters or 1,162 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 March 2017 the House Price Index for NEWPORT was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £80,000 results in an estimated price of approximately £104,460.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £80,000 | £24,460 | £104,460 |
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 | 45.882 % | £36,705 | £116,705 |
3 Month Average | 51.592 % | £41,273 | £121,273 |
6 Month Average | 51.436 % | £41,149 | £121,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £204,277 | £198,000 | 37 PLAYFORD CRESCENT |
24 Nov 2023 | £102,605 | £100,000 | 321 HENDRE FARM DRIVE |
24 Nov 2023 | £174,428 | £170,000 | 256 HENDRE FARM DRIVE |
29 Sep 2023 | £173,832 | £170,000 | 11 PLAYFORD CRESCENT |
25 Sep 2023 | £156,449 | £153,000 | 5 PLAYFORD CRESCENT |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 30 Mar 2016. Using an estimated price of £104,460 means this house is valued at £967 per sq meter (£89 per sq foot).
The average size of a house on COT FARM CIRCLE is 111 sq meters (1,199 sq feet).