£166,136
This estimated value is based upon the latest sale price for the house of £102,750 on 13 Dec 2013. 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 |
---|---|
£102,750 | 13 Dec 2013 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 2013 the House Price Index for NEWPORT was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £102,750 results in an estimated price of approximately £166,136.
13 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £102,750 | £63,386 | £166,136 |
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 | 64.252 % | £66,019 | £168,769 |
3 Month Average | 68.755 % | £70,645 | £173,395 |
6 Month Average | 67.322 % | £69,173 | £171,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £218,355 | £215,000 | 3 FARMWOOD CLOSE |
22 Aug 2023 | £264,775 | £260,000 | 7 GLANWERN RISE |
31 Mar 2023 | £203,397 | £200,000 | 9 GLANWERN AVENUE |
24 Mar 2023 | £279,671 | £275,000 | 19 GLANWERN RISE |
24 Feb 2023 | £301,011 | £299,000 | 605 CHEPSTOW ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Nov 2012. Using an estimated price of £166,136 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on FARMWOOD CLOSE is 93 sq meters (1,008 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Farmwood Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Farmwood Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Glanwern Drive |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Grove Road |
Jul 2024 | Public order | Under investigation | On or near Aberthaw Close |