£390,265
This estimated value is based upon the latest sale price for the house of £148,000 on 16 Oct 2002. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £148,000 | 16 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2002 the House Price Index for NEWPORT was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £148,000 results in an estimated price of approximately £390,265.
| 16 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £148,000 | £242,265 | £390,265 |
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 | 136.578 % | £202,135 | £350,135 |
| 3 Month Average | 206.898 % | £306,208 | £454,208 |
| 6 Month Average | 202.654 % | £299,927 | £447,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £247,162 | £245,000 | 5 BEECHWOOD CRESCENT |
| 28 Apr 2023 | £146,578 | £145,000 | 20 MANSEL STREET |
| 16 Feb 2023 | £119,919 | £120,000 | 8 MANSEL STREET |
| 16 Feb 2023 | £119,919 | £120,000 | 9 MANSEL STREET |
| 3 Feb 2023 | £146,901 | £147,000 | 16 MANSEL STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Aug 2011. Using an estimated price of £390,265 means this house is valued at £4,065 per sq meter (£377 per sq foot).
The average size of a house on GIBBS ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carey Road |
| Apr 2024 | Anti-social behaviour | On or near Carey Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carey Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carey Road |
| Mar 2024 | Other theft | Under investigation | On or near Carey Road |