£181,111
This estimated value is based upon the latest sale price for the house of £180,000 on 18 May 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £180,000 | 18 May 2022 |
| £130,000 | 9 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2022 the House Price Index for NEWPORT was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £180,000 results in an estimated price of approximately £181,111.
| 18 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £180,000 | £1,111 | £181,111 |
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 | -25.722 % | £-46,298 | £133,701 |
| 3 Month Average | 11.581 % | £20,846 | £200,846 |
| 6 Month Average | 3.462 % | £6,232 | £186,232 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 May 2016.
The average size of a house on GAER PARK ROAD is 84 sq meters (909 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gaer Park Parade | |
| Mar 2024 | Public order | Under investigation | On or near Gaer Park Parade |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Park Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Park Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Joyce Close |