£218,651
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£215,000 | 17 Mar 2023 |
£159,950 | 8 Jun 2018 |
£118,000 | 3 Mar 2010 |
£135,000 | 13 Nov 2009 |
£127,000 | 9 Jul 2004 |
£67,000 | 26 Oct 2001 |
£56,250 | 7 Apr 2000 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 905 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 March 2023 the House Price Index for NEWPORT was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £215,000 results in an estimated price of approximately £218,651.
17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £215,000 | £3,651 | £218,651 |
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 | -14.435 % | £-31,034 | £183,965 |
3 Month Average | 4.812 % | £10,345 | £225,345 |
6 Month Average | 4.874 % | £10,478 | £225,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2024 | £160,000 | £160,000 | 4 AMY JOHNSON CLOSE |
5 Apr 2024 | £161,402 | £160,000 | 8 BROWN CLOSE |
18 Aug 2023 | £224,143 | £220,100 | 1 BROWN CLOSE |
17 Mar 2023 | £218,652 | £215,000 | 10 WRIGHT CLOSE |
20 Jan 2023 | £93,750 | £93,500 | 34 WRIGHT CLOSE |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 10 Oct 2009. Using an estimated price of £218,652 means this house is valued at £2,600 per sq meter (£241 per sq foot).
The average size of a house on WRIGHT CLOSE is 63 sq meters (685 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Under investigation | On or near Reene Court |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reene Court |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Downing Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Brown Close |
Aug 2024 | Anti-social behaviour | On or near Brown Close |