£139,022
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Apr 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £135,000 | 4 Apr 2022 |
| £41,500 | 31 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2022 the House Price Index for NEWPORT was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £135,000 results in an estimated price of approximately £139,022.
| 4 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £135,000 | £4,022 | £139,022 |
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 | -12.909 % | £-17,427 | £117,572 |
| 3 Month Average | 20.719 % | £27,970 | £162,970 |
| 6 Month Average | 12.131 % | £16,376 | £151,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £123,833 | £122,000 | 9 DOWNING STREET |
| 13 Sep 2023 | £141,813 | £140,000 | 99 SOMERTON ROAD |
| 11 Aug 2023 | £221,942 | £220,000 | 25 FROBISHER ROAD |
| 16 Jun 2023 | £69,340 | £68,500 | 4 COLLINGWOOD AVENUE |
| 16 Feb 2023 | £124,916 | £125,000 | 23 DOWNING STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Oct 2021. Using an estimated price of £139,023 means this house is valued at £1,904 per sq meter (£176 per sq foot).
The average size of a house on SOMERTON ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Camperdown Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Camperdown Road |
| Apr 2024 | Anti-social behaviour | On or near Frobisher Road | |
| Apr 2024 | Anti-social behaviour | On or near Frobisher Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blake Road |