£150,510
This estimated value is based upon the latest sale price for the house of £130,000 on 21 Jul 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£130,000 | 21 Jul 2021 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2021 the House Price Index for NEWPORT was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £130,000 results in an estimated price of approximately £150,510.
21 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £130,000 | £20,510 | £150,510 |
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 | 11.047 % | £14,361 | £144,361 |
3 Month Average | 16.900 % | £21,969 | £151,969 |
6 Month Average | 14.588 % | £18,965 | £148,965 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £98,514 | £97,000 | 92 MARSHFIELD STREET |
1 Mar 2024 | £73,123 | £72,000 | 40 COLSTON AVENUE |
15 Dec 2023 | £196,023 | £190,000 | 10 COLSTON AVENUE |
7 Dec 2023 | £126,899 | £123,000 | 1 COLSTON PLACE |
26 Sep 2023 | £158,494 | £155,000 | 28 COLSTON AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Oct 2018. Using an estimated price of £150,510 means this house is valued at £2,150 per sq meter (£199 per sq foot).
The average size of a house on MARSHFIELD STREET is 70 sq meters (760 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Marshfield Street |
Apr 2024 | Anti-social behaviour | On or near Colston Place | |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Colston Place |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Colston Place |
Apr 2024 | Anti-social behaviour | On or near Colston Place |