£269,791
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£220,000 | 25 Oct 2019 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £220,000 results in an estimated price of approximately £269,791.
25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £220,000 | £49,791 | £269,791 |
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 | 8.517 % | £18,738 | £238,738 |
3 Month Average | 28.264 % | £62,181 | £282,181 |
6 Month Average | 18.393 % | £40,464 | £260,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £248,173 | £245,000 | 64 RICHMOND ROAD |
30 Jun 2023 | £260,657 | £257,500 | 66 RICHMOND ROAD |
2 Aug 2022 | £162,064 | £162,500 | 5 RICHMOND ROAD |
13 Apr 2022 | £276,562 | £268,559 | 62 RICHMOND ROAD |
10 Dec 2021 | £299,986 | £280,000 | 61 RICHMOND ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Jun 2019. Using an estimated price of £269,791 means this house is valued at £2,267 per sq meter (£210 per sq foot).
The average size of a house on RICHMOND ROAD is 124 sq meters (1,344 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richmond Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Surrey Place |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Surrey Place |
Apr 2024 | Anti-social behaviour | On or near Somerset Road | |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Caerleon Road |