£241,366
This estimated value is based upon the latest sale price for the house of £190,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £190,000 | 19 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 May 2017 the House Price Index for NEWPORT was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £190,000 results in an estimated price of approximately £241,366.
| 19 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £190,000 | £51,366 | £241,366 |
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 | 33.532 % | £63,710 | £253,710 |
| 3 Month Average | 42.434 % | £80,624 | £270,624 |
| 6 Month Average | 25.246 % | £47,966 | £237,966 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Mar 2017.
The average size of a house on BURNFORT ROAD is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnfort Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Gardens |
| Mar 2024 | Anti-social behaviour | On or near Melfort Gardens | |
| Feb 2024 | Drugs | Local resolution | On or near Melfort Gardens |