£65,986
This estimated value is based upon the latest sale price for the house of £35,000 on 23 Sep 2004. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Waters Lane
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| Price Paid | Date |
|---|---|
| £35,000 | 23 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 September 2004 the House Price Index for NEWPORT was 77.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 88.532%.Applying this 88.532% change to the original purchase price of £35,000 results in an estimated price of approximately £65,986.
| 23 Sep 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 146.7 | 88.532 % | £35,000 | £30,986 | £65,986 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 84.967 % | £29,738 | £64,738 |
| 3 Month Average | 97.488 % | £34,120 | £69,120 |
| 6 Month Average | 83.991 % | £29,396 | £64,396 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 Mar 2020.
There is one other house on the street which we know the size of, this is 2 WESLEY PLACE it is 114.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waters Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waters Lane |
| Feb 2024 | Anti-social behaviour | On or near Waters Lane | |
| Feb 2024 | Anti-social behaviour | On or near Waters Lane | |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Waters Lane |