£133,075
This estimated value is based upon the latest sale price for the house of £101,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £101,000 | 25 Nov 2016 |
| £80,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2016 the House Price Index for NEWPORT was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £101,000 results in an estimated price of approximately £133,075.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £101,000 | £32,075 | £133,075 |
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 | 32.762 % | £33,089 | £134,089 |
| 3 Month Average | 65.104 % | £65,755 | £166,755 |
| 6 Month Average | 53.114 % | £53,644 | £154,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £164,210 | £162,000 | 127 CROMWELL ROAD |
| 31 Mar 2023 | £217,045 | £215,000 | 47 FAIRFAX ROAD |
| 27 Mar 2023 | £214,016 | £212,000 | 236 CROMWELL ROAD |
| 3 Mar 2023 | £132,246 | £131,000 | 16 LISCOMBE STREET |
| 13 Jan 2023 | £123,419 | £124,000 | 14 LISCOMBE STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Sep 2016. Using an estimated price of £133,075 means this house is valued at £1,642 per sq meter (£152 per sq foot).
The average size of a house on FAIRFAX ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Road |