£191,487
This estimated value is based upon the latest sale price for the house of £155,000 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 |
|---|---|
| £155,000 | 18 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 £155,000 results in an estimated price of approximately £191,487.
| 18 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £155,000 | £36,487 | £191,487 |
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 % | £47,953 | £202,953 |
| 3 Month Average | 27.391 % | £42,455 | £197,455 |
| 6 Month Average | 20.138 % | £31,214 | £186,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £272,365 | £270,000 | 16 CHAUCER ROAD |
| 4 Mar 2024 | £264,057 | £260,000 | 112 UPPER TENNYSON ROAD |
| 1 Nov 2023 | £258,563 | £252,000 | 2 CHAUCER ROAD |
| 4 Sep 2023 | £289,379 | £283,000 | 4A CHAUCER ROAD |
| 18 Aug 2023 | £226,587 | £222,500 | 1A MILTON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Jul 2019. Using an estimated price of £191,487 means this house is valued at £1,934 per sq meter (£179 per sq foot).
The average size of a house on CHAUCER ROAD is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shelley Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shelley Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |