£255,809
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Oct 2023. 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 |
---|---|
£250,000 | 20 Oct 2023 |
£182,500 | 17 May 2019 |
£140,000 | 13 Oct 2011 |
Semi-Detached |
Freehold |
Floor Area: 161 sq meters or 1,732 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 October 2023 the House Price Index for NEWPORT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £250,000 results in an estimated price of approximately £255,809.
20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £250,000 | £5,809 | £255,809 |
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 | 0.101 % | £253 | £250,253 |
3 Month Average | 7.890 % | £19,726 | £269,726 |
6 Month Average | 3.681 % | £9,202 | £259,202 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £342,551 | £335,000 | 33 EAST GROVE ROAD |
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 161 sq meters or 1,732 sq feet when measured on 18 Dec 2021.
The average size of a house on CHEPSTOW ROAD is 112 sq meters (1,214 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 |