£232,791
This estimated value is based upon the latest sale price for the house of £136,000 on 12 Mar 2010. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Farmwood Close
More crime details
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Price Paid | Date |
---|---|
£136,000 | 12 Mar 2010 |
£92,000 | 15 Dec 2003 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,080 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 March 2010 the House Price Index for NEWPORT was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £136,000 results in an estimated price of approximately £232,791.
12 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.170 % | £136,000 | £96,791 | £232,791 |
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 | 52.335 % | £71,175 | £207,175 |
3 Month Average | 79.949 % | £108,730 | £244,730 |
6 Month Average | 74.893 % | £101,854 | £237,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £218,355 | £215,000 | 3 FARMWOOD CLOSE |
26 Oct 2023 | £156,044 | £152,500 | 38 EAST GROVE ROAD |
15 Sep 2023 | £342,551 | £335,000 | 33 EAST GROVE ROAD |
16 Feb 2023 | £387,589 | £385,000 | 504 CHEPSTOW ROAD |
16 Feb 2023 | £458,060 | £455,000 | 484 CHEPSTOW ROAD |
This house has a floor area of 100 sq meters or 1,080 sq feet when measured on 25 Jan 2009. Using an estimated price of £232,792 means this house is valued at £2,318 per sq meter (£215 per sq foot).
The average size of a house on CHEPSTOW ROAD is 112 sq meters (1,214 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Unable to prosecute suspect | On or near Farmwood Close |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Farmwood Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Grove Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hatherleigh |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Hatherleigh |