£308,158
This estimated value is based upon the latest sale price for the house of £169,500 on 14 Aug 2009. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£169,500 | 14 Aug 2009 |
£108,950 | 14 Dec 2001 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,031 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 August 2009 the House Price Index for NEWPORT was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £169,500 results in an estimated price of approximately £308,158.
14 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 149.7 | 81.804 % | £169,500 | £138,658 | £308,158 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 40.595 % | £68,808 | £238,308 |
3 Month Average | 54.113 % | £91,721 | £261,221 |
6 Month Average | 52.791 % | £89,480 | £258,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £281,391 | £275,000 | 11 OLD HALL CLOSE |
30 Mar 2023 | £111,868 | £110,000 | 34 HERON WAY |
17 Feb 2023 | £266,782 | £265,000 | 26 EDNEY VIEW |
3 Feb 2023 | £337,253 | £335,000 | 9 OLD HALL CLOSE |
30 Aug 2022 | £256,198 | £255,000 | 1 VISCOUNT EVAN DRIVE |
This house has a floor area of 95 sq meters or 1,031 sq feet when measured on 8 Feb 2011. Using an estimated price of £308,158 means this house is valued at £3,215 per sq meter (£298 per sq foot).
The average size of a house on LANCERS WAY is 110 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Unable to prosecute suspect | On or near Old Hall Close |
May 2024 | Anti-social behaviour | On or near Heron Way | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Way |