£242,371
This estimated value is based upon the latest sale price for the house of £238,000 on 22 Aug 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£238,000 | 22 Aug 2023 |
£150,000 | 25 Oct 2019 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 August 2023 the House Price Index for NEWPORT was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £238,000 results in an estimated price of approximately £242,371.
22 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £238,000 | £4,371 | £242,371 |
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 | 14.696 % | £34,975 | £272,975 |
3 Month Average | 1.063 % | £2,529 | £240,529 |
6 Month Average | 1.970 % | £4,688 | £242,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £198,087 | £192,000 | 68 GLANWERN AVENUE |
30 Nov 2023 | £184,688 | £180,000 | 29 GLANWERN GROVE |
3 Oct 2023 | £194,416 | £190,000 | 23 GLANWERN GROVE |
22 Aug 2023 | £242,371 | £238,000 | 677 CHEPSTOW ROAD |
28 Jun 2023 | £229,091 | £224,500 | 679 CHEPSTOW ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Oct 2012. Using an estimated price of £242,371 means this house is valued at £3,512 per sq meter (£326 per sq foot).
The average size of a house on CHEPSTOW ROAD is 112 sq meters (1,214 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chiltern Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chiltern Close |
Jul 2024 | Anti-social behaviour | On or near Chiltern Close | |
Jun 2024 | Anti-social behaviour | On or near Chiltern Close | |
Jun 2024 | Anti-social behaviour | On or near Chiltern Close |