£132,226
This estimated value is based upon the latest sale price for the house of £76,000 on 3 May 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £76,000 | 3 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 960 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 2011 the House Price Index for NEWPORT was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £76,000 results in an estimated price of approximately £132,226.
| 3 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £76,000 | £56,226 | £132,226 |
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 | 51.213 % | £38,921 | £114,921 |
| 3 Month Average | 77.135 % | £58,622 | £134,622 |
| 6 Month Average | 80.065 % | £60,849 | £136,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £170,000 | £170,000 | 11 ORCHARD GARDENS |
| 8 Dec 2023 | £167,136 | £162,000 | 160 DURHAM ROAD |
| 15 Aug 2023 | £176,178 | £173,000 | 137 DURHAM ROAD |
| 27 May 2022 | £187,895 | £183,000 | 131 DURHAM ROAD |
| 3 May 2022 | £146,876 | £143,050 | 155 DURHAM ROAD |
This house has a floor area of 89 sq meters or 960 sq feet when measured on 17 May 2011. Using an estimated price of £132,226 means this house is valued at £1,482 per sq meter (£137 per sq foot).
The average size of a house on DURHAM ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Lane |
| Sep 2024 | Other theft | Under investigation | On or near Oak Street |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Oak Street |
| Sep 2024 | Public order | Under investigation | On or near Oak Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Oak Street |