£189,649
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Jan 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£150,000 | 15 Jan 2018 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,111 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 January 2018 the House Price Index for NEWPORT was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £150,000 results in an estimated price of approximately £189,649.
15 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £150,000 | £39,649 | £189,649 |
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 | 51.960 % | £77,939 | £227,939 |
3 Month Average | 52.045 % | £78,068 | £228,068 |
6 Month Average | 46.696 % | £70,043 | £220,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £264,775 | £260,000 | 7 GLANWERN RISE |
31 Mar 2023 | £203,397 | £200,000 | 9 GLANWERN AVENUE |
24 Mar 2023 | £279,671 | £275,000 | 19 GLANWERN RISE |
24 Feb 2023 | £301,011 | £299,000 | 605 CHEPSTOW ROAD |
14 Feb 2023 | £186,244 | £185,000 | 624 CHEPSTOW ROAD |
This house has a floor area of 103 sq meters or 1,111 sq feet when measured on 28 Jan 2011. Using an estimated price of £189,650 means this house is valued at £1,835 per sq meter (£170 per sq foot).
The average size of a house on FARMWOOD CLOSE is 93 sq meters (1,008 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Glanwern Drive |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Farmwood Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Farmwood Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glanwern Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Glanwern Close |