£196,433
This estimated value is based upon the latest sale price for the house of £146,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£146,000 | 3 Jun 2016 |
£140,000 | 29 Jul 2005 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 787 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 2016 the House Price Index for NEWPORT was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £146,000 results in an estimated price of approximately £196,433.
3 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £146,000 | £50,433 | £196,433 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 12.206 % | £17,820 | £163,820 |
3 Month Average | 37.324 % | £54,492 | £200,492 |
6 Month Average | 25.723 % | £37,555 | £183,555 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £165,072 | £160,000 | 2 BUCCANEER GROVE |
30 Jun 2023 | £190,824 | £187,000 | 18 SIR CHARLES SQUARE |
24 Apr 2023 | £139,611 | £137,000 | 8 RACHEL SQUARE |
10 Feb 2023 | £161,076 | £160,000 | 11 BUCCANEER WAY |
28 Nov 2022 | £263,767 | £265,000 | 14 BUCCANEER GROVE |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 17 Apr 2009. Using an estimated price of £196,434 means this house is valued at £2,685 per sq meter (£249 per sq foot).
The average size of a house on BUCCANEER GROVE is 85 sq meters (922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Buccaneer Way | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Buccaneer Way |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buccaneer Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buccaneer Close |
Apr 2024 | Other theft | Under investigation | On or near Buccaneer Close |