£353,681
This estimated value is based upon the latest sale price for the house of £290,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 29 Mar 2019 |
| £191,000 | 30 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 March 2019 the House Price Index for NEWPORT was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £290,000 results in an estimated price of approximately £353,681.
| 29 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £290,000 | £63,681 | £353,681 |
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 | 14.287 % | £41,431 | £331,431 |
| 3 Month Average | 45.975 % | £133,328 | £423,328 |
| 6 Month Average | 28.333 % | £82,166 | £372,166 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 Nov 2014.
The average size of a house on WAVELL DRIVE is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Rees Close |
| Mar 2024 | Anti-social behaviour | On or near Robertson Way | |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |