£191,804
This estimated value is based upon the latest sale price for the house of £157,500 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £157,500 | 3 Dec 2018 |
| £96,000 | 27 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 959 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 December 2018 the House Price Index for NEWPORT was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £157,500 results in an estimated price of approximately £191,804.
| 3 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £157,500 | £34,304 | £191,804 |
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 | 30.954 % | £48,753 | £206,253 |
| 3 Month Average | 39.014 % | £61,446 | £218,946 |
| 6 Month Average | 30.296 % | £47,716 | £205,216 |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 31 Mar 2011.
The average size of a house on MELFORT ROAD is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stelvio Park Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stelvio Park Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melfort Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Gardens |