£187,895
This estimated value is based upon the latest sale price for the house of £183,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £183,000 | 27 May 2022 |
| £105,000 | 20 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £183,000 results in an estimated price of approximately £187,895.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £183,000 | £4,895 | £187,895 |
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 | -14.963 % | £-27,381 | £155,618 |
| 3 Month Average | 11.327 % | £20,728 | £203,728 |
| 6 Month Average | 14.723 % | £26,942 | £209,942 |
| 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 |
| 28 Sep 2023 | £176,900 | £173,000 | 55 SUTTON ROAD |
| 15 Aug 2023 | £176,178 | £173,000 | 137 DURHAM ROAD |
| 31 Jan 2023 | £188,002 | £187,500 | 45 SUTTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Apr 2016. Using an estimated price of £187,895 means this house is valued at £2,210 per sq meter (£205 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 | Public order | Under investigation | On or near Sutton Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sutton Road |
| Jul 2024 | Other crime | Awaiting court outcome | On or near Sutton Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Charnwood Road |