£202,182
This estimated value is based upon the latest sale price for the house of £178,100 on 2 Feb 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £178,100 | 2 Feb 2021 |
| £175,000 | 16 Dec 2020 |
| £154,995 | 31 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2021 the House Price Index for NEWPORT was 130.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.522%.Applying this 13.522% change to the original purchase price of £178,100 results in an estimated price of approximately £202,182.
| 2 Feb 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 148.6 | 13.522 % | £178,100 | £24,082 | £202,182 |
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 | -79.208 % | £-141,069 | £37,030 |
| 3 Month Average | 11.238 % | £20,015 | £198,115 |
| 6 Month Average | 14.996 % | £26,707 | £204,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £202,177 | £200,000 | 1 DENTS CLOSE |
| 21 Mar 2023 | £111,046 | £110,000 | 82 RINGWOOD HILL |
| 22 Jul 2022 | £210,567 | £210,000 | 95 RINGWOOD HILL |
| 1 Apr 2022 | £213,168 | £207,000 | 15 ELGAR CLOSE |
| 24 Feb 2022 | £246,443 | £235,000 | 8 ELGAR CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Jan 2018. Using an estimated price of £202,182 means this house is valued at £2,435 per sq meter (£226 per sq foot).
The average size of a house on ELGAR CIRCLE is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elgar Circle |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Elgar Close |
| Jan 2024 | Burglary | Under investigation | On or near Dents Close |
| Mar 2024 | Drugs | Under investigation | On or near Beecham Street |
| Mar 2024 | Drugs | Under investigation | On or near Beecham Street |