£143,909
This estimated value is based upon the latest sale price for the house of £84,000 on 1 Apr 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£84,000 | 1 Apr 2011 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 961 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 2011 the House Price Index for NEWPORT was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £84,000 results in an estimated price of approximately £143,909.
1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £84,000 | £59,909 | £143,909 |
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 | 31.445 % | £26,413 | £110,413 |
3 Month Average | 75.784 % | £63,658 | £147,658 |
6 Month Average | 73.554 % | £61,785 | £145,785 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £147,179 | £145,000 | 29 ANNESLEY ROAD |
16 Jun 2023 | £164,493 | £162,500 | 101 DUCKPOOL ROAD |
28 Apr 2023 | £150,622 | £149,000 | 20 DEAN STREET |
16 Jan 2023 | £173,184 | £174,000 | 66 DUCKPOOL ROAD |
1 Jul 2022 | £130,351 | £130,000 | 82 DUCKPOOL ROAD |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 26 Aug 2009. Using an estimated price of £143,909 means this house is valued at £1,611 per sq meter (£149 per sq foot).
The average size of a house on DUCKPOOL ROAD is 90 sq meters (974 sq feet).