£101,864
This estimated value is based upon the latest sale price for the house of £77,500 on 26 Aug 2016. 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 Fairoak Terrace
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| Price Paid | Date |
|---|---|
| £77,500 | 26 Aug 2016 |
| £42,500 | 30 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 August 2016 the House Price Index for NEWPORT was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £77,500 results in an estimated price of approximately £101,864.
| 26 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £77,500 | £24,364 | £101,864 |
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 | 22.923 % | £17,765 | £95,265 |
| 3 Month Average | 48.044 % | £37,233 | £114,733 |
| 6 Month Average | 51.936 % | £40,250 | £117,750 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 10 Jan 2013.
The average size of a house on FAIROAK TERRACE is 128 sq meters (1,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairoak Terrace |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Fairoak Terrace |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Fairoak Terrace |
| Mar 2024 | Public order | Under investigation | On or near Probert Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Probert Place |