£360,221
This estimated value is based upon the latest sale price for the house of £295,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £295,000 | 24 Aug 2018 |
| £220,000 | 30 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 August 2018 the House Price Index for NEWPORT was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £295,000 results in an estimated price of approximately £360,221.
| 24 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £295,000 | £65,221 | £360,221 |
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 | 15.864 % | £46,799 | £341,799 |
| 3 Month Average | 29.154 % | £86,003 | £381,003 |
| 6 Month Average | 29.601 % | £87,321 | £382,321 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 14 Sep 2016.
The average size of a house on SPRINGFIELD DRIVE is 151 sq meters (1,628 sq feet).
This house is the smallest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Springfield Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springfield Drive |
| Mar 2024 | Anti-social behaviour | On or near Bloomfield Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bloomfield Close |
| Jan 2024 | Anti-social behaviour | On or near Bloomfield Close |