£96,248
This estimated value is based upon the latest sale price for the house of £73,000 on 23 Jun 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £73,000 | 23 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2016 the House Price Index for NEWPORT was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £73,000 results in an estimated price of approximately £96,248.
| 23 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £73,000 | £23,248 | £96,248 |
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 | 24.639 % | £17,986 | £90,986 |
| 3 Month Average | 50.750 % | £37,047 | £110,047 |
| 6 Month Average | 55.126 % | £40,241 | £113,241 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Sep 2013.
The average size of a house on HEREFORD STREET is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manchester Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Manchester Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bristol Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bristol Street |
| Feb 2024 | Drugs | Under investigation | On or near Bristol Street |