£77,420
This estimated value is based upon the latest sale price for the house of £56,000 on 5 Jan 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £56,000 | 5 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2016 the House Price Index for NEWPORT was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £56,000 results in an estimated price of approximately £77,420.
| 5 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £56,000 | £21,420 | £77,420 |
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 | 62.041 % | £34,743 | £90,743 |
| 3 Month Average | 53.884 % | £30,175 | £86,175 |
| 6 Month Average | 53.971 % | £30,223 | £86,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £139,280 | £135,000 | 11 HEREFORD STREET |
| 31 Mar 2023 | £147,463 | £145,000 | 32 PRINCE STREET |
| 15 Jul 2022 | £143,942 | £142,500 | 47 HEREFORD STREET |
| 10 Jun 2022 | £150,722 | £147,500 | 12 PRINCE STREET |
| 9 Mar 2022 | £171,205 | £164,000 | 48 HEREFORD STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Jun 2019. Using an estimated price of £77,421 means this house is valued at £1,122 per sq meter (£104 per sq foot).
The average size of a house on PRINCE STREET is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Prince Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Prince Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Prince Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Prince Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prince Street |