£82,640
This estimated value is based upon the latest sale price for the house of £55,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £55,000 | 19 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2014 the House Price Index for NEWPORT was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £55,000 results in an estimated price of approximately £82,640.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £55,000 | £27,640 | £82,640 |
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 | 71.637 % | £39,400 | £94,400 |
| 3 Month Average | 58.358 % | £32,097 | £87,097 |
| 6 Month Average | 59.623 % | £32,792 | £87,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £115,500 | £115,500 | 6 ALFRED STREET |
| 13 Dec 2023 | £180,548 | £175,000 | 59 CAERLEON ROAD |
| 24 Nov 2023 | £153,907 | £150,000 | 8 JUNCTION ROAD |
| 13 Oct 2023 | £125,859 | £123,000 | 12 JUNCTION ROAD |
| 6 Oct 2023 | £96,185 | £94,000 | 1 JUNCTION ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Sep 2012. Using an estimated price of £82,640 means this house is valued at £1,059 per sq meter (£98 per sq foot).
The average size of a house on ALFRED STREET is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Alfred Street |
| Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Alfred Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |