£66,164
This estimated value is based upon the latest sale price for the house of £49,950 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £49,950 | 14 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 October 2016 the House Price Index for NEWPORT was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £49,950 results in an estimated price of approximately £66,164.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £49,950 | £16,214 | £66,164 |
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 | 23.094 % | £11,535 | £61,485 |
| 3 Month Average | 56.493 % | £28,218 | £78,168 |
| 6 Month Average | 51.214 % | £25,581 | £75,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £223,918 | £220,000 | 461 CAERLEON ROAD |
| 23 Aug 2023 | £220,428 | £218,500 | 449 CAERLEON ROAD |
| 11 Aug 2023 | £166,456 | £165,000 | 406 CAERLEON ROAD |
| 3 Apr 2023 | £164,269 | £162,500 | 374 CAERLEON ROAD |
| 6 Mar 2023 | £292,758 | £290,000 | 428 CAERLEON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Aug 2016. Using an estimated price of £66,164 means this house is valued at £894 per sq meter (£83 per sq foot).
The average size of a house on BUTTERMERE WAY is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tudor Road |
| Apr 2024 | Anti-social behaviour | On or near Tudor Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tudor Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tudor Road |
| Apr 2024 | Public order | Under investigation | On or near Tudor Road |