£229,765
This estimated value is based upon the latest sale price for the house of £182,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£182,000 | 23 Mar 2018 |
£115,500 | 30 Sep 2014 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2018 the House Price Index for NEWPORT was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £182,000 results in an estimated price of approximately £229,765.
23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £182,000 | £47,765 | £229,765 |
The Postcode Pricing Model uses changes in average sales price within the NP18 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 | 23.073 % | £41,992 | £223,992 |
3 Month Average | 62.740 % | £114,187 | £296,187 |
6 Month Average | 50.916 % | £92,667 | £274,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £82,718 | £82,000 | 5 WILL PAYNTER WALK |
19 Dec 2023 | £232,133 | £225,000 | 31 ROYAL OAK DRIVE |
31 Oct 2023 | £279,344 | £273,000 | 43 ROYAL OAK DRIVE |
23 Nov 2022 | £167,218 | £168,000 | 18 GEORGE LANSBURY DRIVE |
5 Aug 2022 | £371,738 | £370,000 | 34 THE COLDRA |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 20 Jul 2015. Using an estimated price of £229,765 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on ROYAL OAK DRIVE is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Royal Oak Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |
May 2024 | Public order | Unable to prosecute suspect | On or near Royal Oak Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |