£183,298
This estimated value is based upon the latest sale price for the house of £112,500 on 23 Mar 2007. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£112,500 | 23 Mar 2007 |
Terraced |
Freehold |
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 March 2007 the House Price Index for NEWPORT was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £112,500 results in an estimated price of approximately £183,298.
23 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £112,500 | £70,798 | £183,298 |
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 | 43.313 % | £48,726 | £161,226 |
3 Month Average | 56.255 % | £63,286 | £175,786 |
6 Month Average | 51.170 % | £57,566 | £170,066 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £174,515 | £173,000 | 52 OAKLEY STREET |
29 Nov 2023 | £235,990 | £230,000 | 146 CROMWELL ROAD |
25 Aug 2023 | £168,031 | £165,000 | 15 REDVERS STREET |
9 Jun 2023 | £118,372 | £116,000 | 62 DEWSTOW STREET |
6 Jun 2023 | £86,738 | £85,000 | 2 SLADE STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Dec 2015. Using an estimated price of £183,299 means this house is valued at £2,182 per sq meter (£202 per sq foot).
The average size of a house on DEWSTOW STREET is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Redvers Street |