£291,545
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Nov 2010. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £170,000 | 29 Nov 2010 |
| £120,000 | 24 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 774 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 November 2010 the House Price Index for NEWPORT was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £170,000 results in an estimated price of approximately £291,545.
| 29 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £170,000 | £121,545 | £291,545 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 62.832 % | £106,814 | £276,814 |
| 3 Month Average | 76.572 % | £130,171 | £300,171 |
| 6 Month Average | 56.655 % | £96,313 | £266,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £380,635 | £375,000 | 117 ALLT YR YN AVENUE |
| 1 Mar 2023 | £323,043 | £320,000 | 18 RIDGEWAY HILL |
| 9 Feb 2023 | £404,728 | £405,000 | 39 RIDGEWAY HILL |
| 18 Jul 2022 | £240,648 | £240,000 | 3 KINGS ACRE |
| 5 May 2022 | £764,403 | £750,000 | 96 ALLT YR YN AVENUE |
This house has a floor area of 71 sq meters or 774 sq feet when measured on 16 Dec 2010. Using an estimated price of £291,545 means this house is valued at £4,053 per sq meter (£376 per sq foot).
There is one other house on the street which we know the size of, this is 6 RIDGEWAY REACH it is 66.1
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Reach |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Reach |
| Jan 2024 | Vehicle crime | Under investigation | On or near Ridgeway Walk |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ridgeway Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway View |