£242,450
This estimated value is based upon the latest sale price for the house of £235,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£235,000 | 19 Dec 2023 |
£179,995 | 22 Oct 2018 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 2023 the House Price Index for NEWPORT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £235,000 results in an estimated price of approximately £242,450.
19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £235,000 | £7,450 | £242,450 |
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 | -9.977 % | £-23,445 | £211,554 |
3 Month Average | 12.101 % | £28,437 | £263,437 |
6 Month Average | 7.174 % | £16,860 | £251,860 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £242,450 | £235,000 | 66 LYSAGHT WAY |
27 Nov 2023 | £215,469 | £210,000 | 72 LYSAGHT WAY |
4 Oct 2023 | £245,578 | £240,000 | 10 REDSHANK WALK |
31 Mar 2023 | £249,161 | £245,000 | 62 LYSAGHT WAY |
10 Jun 2022 | £250,352 | £245,000 | 3 DOMINION COURT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jun 2018. Using an estimated price of £242,450 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on LYSAGHT WAY is 79 sq meters (854 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Awaiting court outcome | On or near Swan Crescent |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Swan Crescent |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Swan Crescent |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Swan Crescent |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Swan Crescent |