£208,185
This estimated value is based upon the latest sale price for the house of £168,500 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £168,500 | 15 Nov 2019 |
| £100,000 | 27 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 £168,500 results in an estimated price of approximately £208,185.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £168,500 | £39,685 | £208,185 |
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 % | £39,339 | £207,839 |
| 3 Month Average | 27.046 % | £45,572 | £214,072 |
| 6 Month Average | 20.271 % | £34,157 | £202,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £174,515 | £173,000 | 52 OAKLEY STREET |
| 29 Nov 2023 | £235,990 | £230,000 | 146 CROMWELL ROAD |
| 9 Jun 2023 | £118,372 | £116,000 | 62 DEWSTOW STREET |
| 6 Jun 2023 | £86,738 | £85,000 | 2 SLADE STREET |
| 31 Mar 2023 | £137,293 | £135,000 | 58 OAKLEY STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 28 Aug 2014. Using an estimated price of £208,186 means this house is valued at £1,982 per sq meter (£184 per sq foot).
The average size of a house on CROMWELL ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Keene Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keene Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Keene Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keene Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oakley Street |