£226,974
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Dec 2023 |
| £42,000 | 17 Feb 2004 |
| £42,000 | 17 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2023 the House Price Index for NEWPORT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £220,000 results in an estimated price of approximately £226,974.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £220,000 | £6,974 | £226,974 |
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 | -14.864 % | £-32,701 | £187,298 |
| 3 Month Average | 13.215 % | £29,072 | £249,072 |
| 6 Month Average | 10.097 % | £22,214 | £242,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £218,000 | £218,000 | 569 CAERLEON ROAD |
| 15 Dec 2023 | £226,974 | £220,000 | 10 GAINSBOROUGH DRIVE |
| 17 Oct 2023 | £245,578 | £240,000 | 528 CAERLEON ROAD |
| 22 Sep 2023 | £163,607 | £160,000 | 6 GAINSBOROUGH DRIVE |
| 28 Apr 2023 | £142,668 | £140,000 | 13 GAINSBOROUGH DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Jun 2018. Using an estimated price of £226,974 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on GAINSBOROUGH DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worcester Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worcester Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Malvern Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Church Court |