£86,388
This estimated value is based upon the latest sale price for the house of £60,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£60,000 | 7 Aug 2015 |
£39,950 | 31 Aug 2001 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 731 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 August 2015 the House Price Index for NEWPORT was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £60,000 results in an estimated price of approximately £86,388.
7 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £60,000 | £26,388 | £86,388 |
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 | 57.559 % | £34,535 | £94,535 |
3 Month Average | 64.976 % | £38,985 | £98,985 |
6 Month Average | 62.792 % | £37,675 | £97,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £98,514 | £97,000 | 92 MARSHFIELD STREET |
23 Jun 2023 | £158,170 | £155,000 | 37 MAGOR STREET |
9 Jun 2023 | £163,272 | £160,000 | 42 MARSHFIELD STREET |
6 Apr 2023 | £137,573 | £135,000 | 11 MARSHFIELD STREET |
3 Feb 2023 | £95,639 | £95,000 | 53 MAGOR STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 May 2012. Using an estimated price of £86,388 means this house is valued at £1,270 per sq meter (£118 per sq foot).
The average size of a house on MAGOR STREET is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Marshfield Street |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Colston Place |
Apr 2024 | Anti-social behaviour | On or near Colston Place | |
Apr 2024 | Anti-social behaviour | On or near Colston Place | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Colston Place |