£228,068
This estimated value is based upon the latest sale price for the house of £135,000 on 6 Nov 2006. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £135,000 | 6 Nov 2006 |
| £63,500 | 27 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2006 the House Price Index for NEWPORT was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £135,000 results in an estimated price of approximately £228,068.
| 6 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £135,000 | £93,068 | £228,068 |
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 | 29.883 % | £40,341 | £175,341 |
| 3 Month Average | 50.412 % | £68,056 | £203,056 |
| 6 Month Average | 55.698 % | £75,191 | £210,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £214,880 | £210,000 | 12 METHUEN ROAD |
| 4 Aug 2023 | £127,296 | £125,000 | 48 LLANWERN STREET |
| 28 Jun 2023 | £188,783 | £185,000 | 1 CAMBRIDGE ROAD |
| 30 Jan 2023 | £60,161 | £60,000 | 34A MARLBOROUGH ROAD |
| 17 Aug 2022 | £176,827 | £176,000 | 18 KINGSTON ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Jul 2016. Using an estimated price of £228,068 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on METHUEN ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oriel Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oriel Road |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cambridge Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Kingston Road |