£146,920
This estimated value is based upon the latest sale price for the house of £43,000 on 15 Jun 2001. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£43,000 | 15 Jun 2001 |
Terraced |
Freehold |
Floor Area: 124 sq meters or 1,334 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 2001 the House Price Index for NEWPORT was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £43,000 results in an estimated price of approximately £146,920.
15 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £43,000 | £103,920 | £146,920 |
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 | 238.831 % | £102,697 | £145,697 |
3 Month Average | 280.250 % | £120,507 | £163,507 |
6 Month Average | 292.106 % | £125,605 | £168,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £102,605 | £100,000 | 321 HENDRE FARM DRIVE |
24 Nov 2023 | £174,428 | £170,000 | 256 HENDRE FARM DRIVE |
31 Aug 2023 | £168,031 | £165,000 | 25 COT FARM CIRCLE |
12 Apr 2023 | £129,421 | £127,000 | 310 HENDRE FARM DRIVE |
28 Nov 2022 | £174,186 | £175,000 | 18 WARLOCK CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 29 Oct 2015. Using an estimated price of £146,920 means this house is valued at £1,184 per sq meter (£110 per sq foot).
The average size of a house on COT FARM CIRCLE is 111 sq meters (1,199 sq feet).