£57,634
This estimated value is based upon the latest sale price for the house of £47,500 on 3 Mar 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £47,500 | 3 Mar 2020 |
| £46,000 | 19 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 2020 the House Price Index for NEWPORT was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £47,500 results in an estimated price of approximately £57,634.
| 3 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £47,500 | £10,134 | £57,634 |
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 | 64.130 % | £30,461 | £77,961 |
| 3 Month Average | 29.142 % | £13,842 | £61,342 |
| 6 Month Average | 22.622 % | £10,745 | £58,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £180,000 | £180,000 | 300 CHEPSTOW ROAD |
| 17 May 2024 | £195,000 | £195,000 | 225 CHEPSTOW ROAD |
| 8 Dec 2023 | £216,657 | £210,000 | 14 ROCHESTER ROAD |
| 5 Dec 2023 | £50,553 | £49,000 | FLAT 298 CHEPSTOW ROAD |
| 20 Oct 2023 | £325,390 | £318,000 | 22 ST JOHNS ROAD |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 18 Dec 2019. Using an estimated price of £57,634 means this house is valued at £1,646 per sq meter (£152 per sq foot).
The average size of a house on CHEPSTOW ROAD is 112 sq meters (1,214 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rothesay Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rothesay Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rothesay Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B4237 |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arundel Road |