£167,511
This estimated value is based upon the latest sale price for the house of £158,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£158,000 | 21 Jan 2022 |
£115,000 | 21 Dec 2017 |
£106,000 | 15 Jan 2016 |
Terraced |
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 January 2022 the House Price Index for NEWPORT was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £158,000 results in an estimated price of approximately £167,511.
21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £158,000 | £9,511 | £167,511 |
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 | -8.899 % | £-14,061 | £143,938 |
3 Month Average | 6.756 % | £10,674 | £168,674 |
6 Month Average | 9.231 % | £14,585 | £172,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £146,270 | £145,000 | 2 QUILTER CLOSE |
27 Sep 2023 | £129,521 | £126,666 | 17 PENKIN HILL |
11 Aug 2023 | £160,393 | £157,500 | 228 ABERTHAW ROAD |
16 Jun 2023 | £183,681 | £180,000 | 240 ABERTHAW ROAD |
27 Apr 2023 | £122,287 | £120,000 | 6 BALFE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 8 Dec 2015. Using an estimated price of £167,511 means this house is valued at £2,701 per sq meter (£251 per sq foot).
The average size of a house on ABERTHAW COURT is 68 sq meters (735 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Penkin Hill | |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penkin Hill |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Penkin Hill |
Oct 2024 | Anti-social behaviour | On or near Penkin Hill | |
Oct 2024 | Public order | Under investigation | On or near Penkin Hill |