£159,798
This estimated value is based upon the latest sale price for the house of £128,000 on 24 Jul 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £128,000 | 24 Jul 2018 |
| £97,000 | 19 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 July 2018 the House Price Index for NEWPORT was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £128,000 results in an estimated price of approximately £159,798.
| 24 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £128,000 | £31,798 | £159,798 |
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 | 18.822 % | £24,092 | £152,092 |
| 3 Month Average | 38.027 % | £48,674 | £176,674 |
| 6 Month Average | 36.955 % | £47,302 | £175,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £135,153 | £131,000 | 11 HAMPDEN ROAD |
| 18 Aug 2023 | £71,286 | £70,000 | 185B CROMWELL ROAD |
| 11 Aug 2023 | £170,067 | £167,000 | 226 CROMWELL ROAD |
| 19 Apr 2023 | £161,012 | £158,000 | 3 SOMERTON LANE |
| 27 Mar 2023 | £215,601 | £212,000 | 236 CROMWELL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Apr 2016. Using an estimated price of £159,799 means this house is valued at £2,048 per sq meter (£190 per sq foot).
The average size of a house on CROMWELL ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |