£97,598
This estimated value is based upon the latest sale price for the house of £70,000 on 22 Dec 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £70,000 | 22 Dec 2015 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2015 the House Price Index for NEWPORT was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £70,000 results in an estimated price of approximately £97,598.
| 22 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £70,000 | £27,598 | £97,598 |
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 | 48.803 % | £34,161 | £104,161 |
| 3 Month Average | 57.650 % | £40,355 | £110,355 |
| 6 Month Average | 55.056 % | £38,538 | £108,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £380,851 | £375,000 | 26 COTSWOLD WAY |
| 21 Dec 2023 | £198,087 | £192,000 | 68 GLANWERN AVENUE |
| 22 Aug 2023 | £242,371 | £238,000 | 677 CHEPSTOW ROAD |
| 28 Jun 2023 | £229,091 | £224,500 | 679 CHEPSTOW ROAD |
| 20 Jan 2023 | £240,643 | £240,000 | 19 COTSWOLD CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Apr 2013. Using an estimated price of £97,598 means this house is valued at £1,251 per sq meter (£116 per sq foot).
The average size of a house on COTSWOLD WAY is 124 sq meters (1,337 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mendip Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Quantock Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Quantock Drive |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Cotswold Way |
| Jun 2024 | Burglary | Under investigation | On or near Cotswold Way |