£315,743
This estimated value is based upon the latest sale price for the house of £256,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£256,000 | 19 Jul 2019 |
£222,000 | 3 Nov 2017 |
£74,000 | 2 Sep 1997 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2019 the House Price Index for NEWPORT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £256,000 results in an estimated price of approximately £315,743.
19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £256,000 | £59,743 | £315,743 |
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 | -6.874 % | £-17,596 | £238,403 |
3 Month Average | 20.113 % | £51,488 | £307,488 |
6 Month Average | 14.803 % | £37,894 | £293,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £195,419 | £192,000 | 68 GLANWERN AVENUE |
22 Aug 2023 | £240,100 | £238,000 | 677 CHEPSTOW ROAD |
28 Jun 2023 | £227,253 | £224,500 | 679 CHEPSTOW ROAD |
20 Jan 2023 | £238,875 | £240,000 | 19 COTSWOLD CLOSE |
15 Jul 2022 | £220,594 | £220,000 | 2 COTSWOLD WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 30 Aug 2017. Using an estimated price of £315,744 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on COTSWOLD WAY is 124 sq meters (1,337 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Cotswold Way | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Way |
Jan 2024 | Public order | Under investigation | On or near Cotswold Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Springfield Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mendip Close |