£191,144
This estimated value is based upon the latest sale price for the house of £130,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£130,000 | 1 May 2015 |
£130,000 | 1 May 2015 |
Semi-Detached |
Leasehold |
Floor Area: 88 sq meters or 947 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 May 2015 the House Price Index for NEWPORT was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £130,000 results in an estimated price of approximately £191,144.
1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £130,000 | £61,144 | £191,144 |
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 | 50.154 % | £65,199 | £195,199 |
3 Month Average | 74.745 % | £97,168 | £227,168 |
6 Month Average | 65.748 % | £85,472 | £215,472 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £168,590 | £166,000 | 27 HIGHBANK |
8 Mar 2024 | £157,419 | £155,000 | 5 BANK STREET |
15 Nov 2023 | £254,459 | £248,000 | 15 SCARBOROUGH ROAD |
3 Nov 2023 | £160,063 | £156,000 | 21 HIGHBANK |
24 Aug 2023 | £157,847 | £155,000 | 10 HIGHBANK |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Mar 2015. Using an estimated price of £191,145 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on SCARBOROUGH ROAD is 128 sq meters (1,382 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scarborough Road |
Jun 2024 | Anti-social behaviour | On or near Scarborough Road | |
Jun 2024 | Anti-social behaviour | On or near Scarborough Road | |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Harrogate Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harrogate Road |