£74,314
This estimated value is based upon the latest sale price for the house of £62,500 on 3 Mar 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £62,500 | 3 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| 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 March 2020 the House Price Index for NEWPORT was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £62,500 results in an estimated price of approximately £74,314.
| 3 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £62,500 | £11,814 | £74,314 |
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 | 41.190 % | £25,743 | £88,243 |
| 3 Month Average | 23.305 % | £14,565 | £77,065 |
| 6 Month Average | 20.743 % | £12,964 | £75,464 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 18 Dec 2019.
The average size of a house on CHEPSTOW ROAD is 112 sq meters (1,214 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rochester Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rochester Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rochester Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B4237 |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near B4237 |