£191,754
This estimated value is based upon the latest sale price for the house of £118,500 on 13 Apr 2007. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Somerton Lane
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Price Paid | Date |
---|---|
£118,500 | 13 Apr 2007 |
£102,000 | 19 May 2006 |
£20,000 | 30 Nov 2001 |
£18,950 | 29 Apr 1998 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 April 2007 the House Price Index for NEWPORT was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £118,500 results in an estimated price of approximately £191,754.
13 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £118,500 | £73,254 | £191,754 |
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 | 48.859 % | £57,898 | £176,398 |
3 Month Average | 55.611 % | £65,899 | £184,399 |
6 Month Average | 50.002 % | £59,251 | £177,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £115,551 | £112,000 | 41 COLLINGWOOD CRESCENT |
18 Sep 2023 | £109,923 | £107,500 | 43 COLLINGWOOD CRESCENT |
11 Sep 2023 | £81,803 | £80,000 | 52 COLLINGWOOD CRESCENT |
4 Sep 2023 | £103,788 | £101,500 | 14 COLLINGWOOD CRESCENT |
19 Apr 2023 | £161,012 | £158,000 | 3 SOMERTON LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 8 Dec 2013. Using an estimated price of £191,754 means this house is valued at £2,950 per sq meter (£274 per sq foot).
The average size of a house on SOMERTON LANE is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerton Lane |
Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |
Sep 2024 | Vehicle crime | Under investigation | On or near Supermarket |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |