£283,392
This estimated value is based upon the latest sale price for the house of £164,000 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£164,000 | 1 Jul 2011 |
£50,000 | 27 Oct 2006 |
Detached |
Freehold |
Floor Area: 132 sq meters or 1,428 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 July 2011 the House Price Index for NEWPORT was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £164,000 results in an estimated price of approximately £283,392.
1 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.800 % | £164,000 | £119,392 | £283,392 |
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 | 52.131 % | £85,494 | £249,494 |
3 Month Average | 78.794 % | £129,222 | £293,222 |
6 Month Average | 71.442 % | £117,165 | £281,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £244,274 | £240,000 | 5 HILLVIEW CRESCENT |
27 Sep 2023 | £211,707 | £209,000 | 29 HILLVIEW CRESCENT |
3 Aug 2023 | £173,518 | £172,000 | 36 MULCASTER AVENUE |
5 Aug 2022 | £450,787 | £452,000 | 78A NASH ROAD |
4 Jul 2022 | £238,141 | £237,500 | 18 WILLOW CLOSE |
This house has a floor area of 132 sq meters or 1,428 sq feet when measured on 8 Apr 2011. Using an estimated price of £283,393 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on NASH ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Under investigation | On or near Willow Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Nash Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillview Crescent |
Feb 2024 | Bicycle theft | Under investigation | On or near Hillview Crescent |