£186,304
This estimated value is based upon the latest sale price for the house of £100,000 on 13 May 2005. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£100,000 | 13 May 2005 |
£69,000 | 5 Mar 2003 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 May 2005 the House Price Index for NEWPORT was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £100,000 results in an estimated price of approximately £186,304.
13 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.305 % | £100,000 | £86,304 | £186,304 |
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 | 63.606 % | £63,606 | £163,606 |
3 Month Average | 77.698 % | £77,698 | £177,698 |
6 Month Average | 72.060 % | £72,060 | £172,060 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £196,023 | £190,000 | 76 DUCKPOOL ROAD |
10 Nov 2023 | £148,777 | £145,000 | 29 ANNESLEY ROAD |
31 Oct 2023 | £133,021 | £130,000 | 10 JUNCTION ROAD |
12 Oct 2023 | £178,555 | £174,500 | 85 DUCKPOOL ROAD |
16 Jun 2023 | £165,823 | £162,500 | 101 DUCKPOOL ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Oct 2013. Using an estimated price of £186,305 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on DUCKPOOL ROAD is 90 sq meters (974 sq feet).