£151,045
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£120,000 | 2 Feb 2018 |
£50,500 | 6 Aug 1999 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 February 2018 the House Price Index for NEWPORT was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £120,000 results in an estimated price of approximately £151,045.
2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £120,000 | £31,045 | £151,045 |
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 | 45.084 % | £54,100 | £174,100 |
3 Month Average | 55.415 % | £66,497 | £186,497 |
6 Month Average | 50.730 % | £60,875 | £180,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £184,688 | £180,000 | 33 WALMER ROAD |
8 Nov 2023 | £225,730 | £220,000 | 16 WINDSOR ROAD |
1 Aug 2023 | £127,296 | £125,000 | 13 WALMER ROAD |
30 Jun 2023 | £163,272 | £160,000 | 34 WALMER ROAD |
24 Feb 2023 | £221,479 | £220,000 | 1 WINDSOR ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 6 Jan 2018. Using an estimated price of £151,045 means this house is valued at £1,557 per sq meter (£144 per sq foot).
The average size of a house on WALMER ROAD is 106 sq meters (1,145 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walmer Road |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Walmer Road |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Walmer Road |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Walmer Road |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Walmer Road |