£105,793
This estimated value is based upon the latest sale price for the house of £85,000 on 3 Jun 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£85,000 | 3 Jun 2019 |
£80,000 | 14 Oct 2005 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 June 2019 the House Price Index for NEWPORT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £85,000 results in an estimated price of approximately £105,793.
3 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £85,000 | £20,793 | £105,793 |
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 | 23.781 % | £20,213 | £105,213 |
3 Month Average | 25.326 % | £21,527 | £106,527 |
6 Month Average | 16.834 % | £14,308 | £99,308 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £162,751 | £157,750 | 28 ARMSTRONG CLOSE |
7 Nov 2023 | £70,541 | £68,750 | FLAT 2 35 LIBENETH ROAD |
7 Nov 2023 | £57,715 | £56,250 | FLAT 1 35 LIBENETH ROAD |
12 Oct 2023 | £153,486 | £150,000 | 30 HAWKSWORTH GROVE |
29 Apr 2022 | £124,491 | £120,000 | 2 CHURCHWARD DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Aug 2012. Using an estimated price of £105,794 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on LIBENETH ROAD is 119 sq meters (1,281 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Libeneth Road |
Jun 2024 | Anti-social behaviour | On or near Libeneth Road | |
Jun 2024 | Anti-social behaviour | On or near Libeneth Road | |
May 2024 | Possession of weapons | Local resolution | On or near Libeneth Road |
May 2024 | Anti-social behaviour | On or near Libeneth Road |