£74,124
This estimated value is based upon the latest sale price for the house of £60,000 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£60,000 | 18 Oct 2019 |
£77,000 | 22 Feb 2010 |
£35,000 | 3 Feb 1995 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2019 the House Price Index for NEWPORT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £60,000 results in an estimated price of approximately £74,124.
18 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £60,000 | £14,124 | £74,124 |
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 | 30.938 % | £18,562 | £78,562 |
3 Month Average | 27.391 % | £16,434 | £76,434 |
6 Month Average | 20.138 % | £12,082 | £72,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £112,020 | £110,000 | 16 JEFFREY STREET |
27 Jan 2023 | £158,423 | £158,000 | 1 GLEBE STREET |
21 Jul 2022 | £97,982 | £97,000 | 3A SPEKE STREET |
22 Jun 2022 | £130,796 | £128,000 | 10 PHILLIP STREET |
28 Apr 2022 | £159,244 | £153,500 | 12 GLEBE STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Jun 2016. Using an estimated price of £74,124 means this house is valued at £842 per sq meter (£78 per sq foot).
The average size of a house on GLEBE STREET is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Glebe Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Glebe Street |
Jun 2024 | Drugs | Awaiting court outcome | On or near Glebe Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Glebe Street |
Jun 2024 | Other crime | Awaiting court outcome | On or near Glebe Street |