£289,797
This estimated value is based upon the latest sale price for the house of £252,500 on 10 Dec 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£252,500 | 10 Dec 2020 |
£147,250 | 28 Mar 2003 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 December 2020 the House Price Index for NEWPORT was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £252,500 results in an estimated price of approximately £289,797.
10 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £252,500 | £37,297 | £289,797 |
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 | -10.347 % | £-26,124 | £226,375 |
3 Month Average | 18.910 % | £47,747 | £300,247 |
6 Month Average | 22.448 % | £56,680 | £309,180 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £262,295 | £260,000 | 7 GLANWERN RISE |
28 Apr 2023 | £247,667 | £245,000 | 42 GLANWERN AVENUE |
31 Mar 2023 | £201,902 | £200,000 | 9 GLANWERN AVENUE |
24 Mar 2023 | £277,615 | £275,000 | 19 GLANWERN RISE |
17 Mar 2023 | £252,378 | £250,000 | 44 GLANWERN AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 30 May 2014. Using an estimated price of £289,798 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on GLANWERN RISE is 111 sq meters (1,195 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Glanwern Rise | |
Jan 2024 | Anti-social behaviour | On or near Glanwern Rise | |
Jan 2024 | Anti-social behaviour | On or near Glanwern Rise | |
Jan 2024 | Anti-social behaviour | On or near Glanwern Rise | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Glanwern Close |