£210,629
This estimated value is based upon the latest sale price for the house of £164,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£164,000 | 14 Jul 2017 |
£74,500 | 29 Jun 2001 |
Semi-Detached |
Leasehold |
Floor Area: 84 sq meters or 904 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 July 2017 the House Price Index for NEWPORT was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £164,000 results in an estimated price of approximately £210,629.
14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £164,000 | £46,629 | £210,629 |
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 | 41.096 % | £67,396 | £231,396 |
3 Month Average | 41.733 % | £68,442 | £232,442 |
6 Month Average | 52.399 % | £85,934 | £249,934 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £161,402 | £160,000 | 8 BROWN CLOSE |
13 Nov 2023 | £239,069 | £233,000 | 26 DORSET CRESCENT |
18 Aug 2023 | £224,143 | £220,100 | 1 BROWN CLOSE |
18 Aug 2023 | £254,592 | £250,000 | 24 DORSET CRESCENT |
4 Aug 2023 | £249,500 | £245,000 | 41 HAMPSHIRE CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 31 Mar 2016. Using an estimated price of £210,629 means this house is valued at £2,507 per sq meter (£232 per sq foot).
The average size of a house on SPYTTY LANE is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sussex Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sussex Close |
Jun 2024 | Burglary | Under investigation | On or near Spytty Lane |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spytty Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |