£309,588
This estimated value is based upon the latest sale price for the house of £159,500 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£159,500 | 20 Aug 2004 |
£138,000 | 28 Nov 2003 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,006 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 2004 the House Price Index for NEWPORT was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £159,500 results in an estimated price of approximately £309,588.
20 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £159,500 | £150,088 | £309,588 |
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 | 91.098 % | £145,300 | £304,800 |
3 Month Average | 84.507 % | £134,788 | £294,288 |
6 Month Average | 88.712 % | £141,494 | £300,994 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £238,667 | £235,000 | 2 SEABREEZE AVENUE |
28 Apr 2023 | £275,146 | £270,000 | 1 WILLENHALL STREET |
28 Feb 2023 | £211,412 | £210,000 | 32 TANTALLUS WAY |
10 Feb 2023 | £218,459 | £217,000 | 8 TANTALLUS WAY |
1 Sep 2022 | £187,375 | £187,500 | 23 EXCELSIOR CLOSE |
This house has a floor area of 93 sq meters or 1,006 sq feet when measured on 15 Jul 2009. Using an estimated price of £309,588 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on EXCELSIOR CLOSE is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Excelsior Close |
Apr 2024 | Anti-social behaviour | On or near Excelsior Close | |
Apr 2024 | Anti-social behaviour | On or near Excelsior Close | |
Apr 2024 | Anti-social behaviour | On or near Excelsior Close | |
Apr 2024 | Anti-social behaviour | On or near Excelsior Close |