£148,262
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 27 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for NEWPORT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £120,000 results in an estimated price of approximately £148,262.
| 27 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £120,000 | £28,262 | £148,262 |
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 | 23.347 % | £28,015 | £148,015 |
| 3 Month Average | 27.046 % | £32,454 | £152,454 |
| 6 Month Average | 20.271 % | £24,325 | £144,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £241,121 | £235,000 | 51 ALBERT AVENUE |
| 27 Sep 2023 | £127,818 | £125,000 | 91 VICTORIA AVENUE |
| 25 Aug 2023 | £229,642 | £225,500 | 8 VICTORIA AVENUE |
| 16 Jun 2023 | £214,294 | £210,000 | 101A VICTORIA AVENUE |
| 28 Feb 2023 | £213,929 | £212,500 | 47 VICTORIA AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Aug 2017. Using an estimated price of £148,263 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on VICTORIA AVENUE is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Victoria Avenue |
| Jul 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jul 2024 | Public order | Under investigation | On or near Victoria Avenue |