£197,253
This estimated value is based upon the latest sale price for the house of £158,500 on 8 Jan 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£158,500 | 8 Jan 2019 |
£128,950 | 9 Jan 2004 |
£53,000 | 28 May 1999 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 January 2019 the House Price Index for NEWPORT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £158,500 results in an estimated price of approximately £197,253.
8 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £158,500 | £38,753 | £197,253 |
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 | 14.974 % | £23,733 | £182,233 |
3 Month Average | 32.164 % | £50,979 | £209,479 |
6 Month Average | 25.523 % | £40,453 | £198,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £276,000 | £276,000 | 28 WOODLAND PARK ROAD |
28 Oct 2022 | £234,218 | £235,000 | 140 CHRISTCHURCH ROAD |
27 Jul 2022 | £277,783 | £275,000 | 148 CHRISTCHURCH ROAD |
22 Jul 2022 | £300,006 | £297,000 | 24 FFOREST GLADE |
4 Jul 2022 | £222,227 | £220,000 | 22 FOREST CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Oct 2018. Using an estimated price of £197,253 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on FOREST CLOSE is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Forest Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fforest Glade |
Apr 2024 | Anti-social behaviour | On or near Fforest Glade | |
Apr 2024 | Anti-social behaviour | On or near Fforest Glade |