£384,501
This estimated value is based upon the latest sale price for the house of £347,500 on 11 Oct 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£347,500 | 11 Oct 2021 |
£175,000 | 5 Apr 2013 |
£119,950 | 15 Nov 2002 |
£78,450 | 1 May 1998 |
Terraced |
Freehold |
Floor Area: 207 sq meters or 2,228 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 2021 the House Price Index for NEWPORT was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £347,500 results in an estimated price of approximately £384,501.
11 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £347,500 | £37,001 | £384,501 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | -23.967 % | £-83,286 | £264,213 |
3 Month Average | -13.711 % | £-47,645 | £299,854 |
6 Month Average | -4.647 % | £-16,148 | £331,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £173,027 | £170,000 | FLAT 23 MONMOUTH COURT BASSALEG ROAD |
29 Nov 2023 | £116,728 | £115,000 | FLAT 39 MONMOUTH COURT BASSALEG ROAD |
1 Sep 2023 | £151,943 | £150,000 | FLAT 7 MONMOUTH COURT BASSALEG ROAD |
29 Aug 2023 | £162,421 | £161,000 | 46 BASSALEG ROAD |
18 Aug 2023 | £322,824 | £320,000 | 28 OMBERSLEY ROAD |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 4 Jul 2012. Using an estimated price of £384,501 means this house is valued at £1,857 per sq meter (£172 per sq foot).
The average size of a house on BASSALEG ROAD is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ombersley Road |
Feb 2024 | Other theft | Under investigation | On or near Ombersley Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Ombersley Road |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Park Road |
Mar 2024 | Anti-social behaviour | On or near Prosser Lane |