£232,132
This estimated value is based upon the latest sale price for the house of £225,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£225,000 | 19 Dec 2023 |
£69,950 | 3 Sep 2003 |
£57,750 | 30 Nov 2000 |
£57,950 | 8 Sep 2000 |
Terraced |
Freehold |
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 December 2023 the House Price Index for NEWPORT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £225,000 results in an estimated price of approximately £232,132.
19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £225,000 | £7,132 | £232,132 |
The Postcode Pricing Model uses changes in average sales price within the NP18 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 | 12.848 % | £28,908 | £253,908 |
3 Month Average | 13.871 % | £31,210 | £256,210 |
6 Month Average | 8.536 % | £19,206 | £244,206 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £232,133 | £225,000 | 31 ROYAL OAK DRIVE |
31 Oct 2023 | £279,344 | £273,000 | 43 ROYAL OAK DRIVE |
23 Nov 2022 | £167,218 | £168,000 | 18 GEORGE LANSBURY DRIVE |
5 Aug 2022 | £371,738 | £370,000 | 34 THE COLDRA |
18 Jul 2022 | £222,227 | £220,000 | 25 TREBERTH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Royal Oak Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |
May 2024 | Public order | Unable to prosecute suspect | On or near Royal Oak Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |