£179,162
This estimated value is based upon the latest sale price for the house of £180,000 on 11 Nov 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£180,000 | 11 Nov 2022 |
£90,000 | 20 Jun 2019 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 November 2022 the House Price Index for NEWPORT was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £180,000 results in an estimated price of approximately £179,162.
11 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £180,000 | £-837 | £179,162 |
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 | -2.269 % | £-4,084 | £175,915 |
3 Month Average | 5.183 % | £9,329 | £189,329 |
6 Month Average | 2.894 % | £5,208 | £185,208 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £191,726 | £187,500 | 50 ORCHARD STREET |
22 Sep 2023 | £204,508 | £200,000 | 72 ORCHARD STREET |
27 Mar 2023 | £127,123 | £125,000 | 5 FILEY ROAD |
6 Mar 2023 | £176,447 | £173,500 | 1 ORCHARD MEWS |
11 Nov 2022 | £179,162 | £180,000 | 52 ORCHARD STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Aug 2018. Using an estimated price of £179,162 means this house is valued at £2,326 per sq meter (£216 per sq foot).
The average size of a house on ORCHARD STREET is 79 sq meters (854 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Court |
Jul 2024 | Anti-social behaviour | On or near Orchard Court | |
Jul 2024 | Drugs | Under investigation | On or near Orchard Court |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Court |
Jun 2024 | Anti-social behaviour | On or near Margaret Avenue |