£284,433
This estimated value is based upon the latest sale price for the house of £230,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£230,000 | 3 Apr 2020 |
£100,000 | 10 Oct 2003 |
Semi-Detached |
Leasehold |
Floor Area: 119 sq meters or 1,280 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 April 2020 the House Price Index for NEWPORT was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £230,000 results in an estimated price of approximately £284,433.
3 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £230,000 | £54,433 | £284,433 |
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 | 15.664 % | £36,027 | £266,027 |
3 Month Average | 32.766 % | £75,362 | £305,362 |
6 Month Average | 26.581 % | £61,136 | £291,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £203,812 | £200,000 | 1 DENTS CLOSE |
21 Mar 2023 | £111,868 | £110,000 | 82 RINGWOOD HILL |
23 Jan 2023 | £253,176 | £252,500 | 9 NESTON ROAD |
22 Jul 2022 | £212,126 | £210,000 | 95 RINGWOOD HILL |
18 Feb 2022 | £242,985 | £230,000 | 23 DALE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 3 Mar 2020. Using an estimated price of £284,433 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on RINGWOOD AVENUE is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbey Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Ringwood Hill |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Ringwood Hill |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Hill |