£135,289
This estimated value is based upon the latest sale price for the house of £112,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£112,000 | 28 Aug 2020 |
£81,000 | 18 Jul 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 583 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 2020 the House Price Index for NEWPORT was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £112,000 results in an estimated price of approximately £135,289.
28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £112,000 | £23,289 | £135,289 |
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 | 8.179 % | £9,160 | £121,160 |
3 Month Average | 43.286 % | £48,480 | £160,480 |
6 Month Average | 43.452 % | £48,666 | £160,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £134,121 | £130,000 | 202 ARGOSY WAY |
4 Aug 2023 | £136,461 | £134,000 | 242 ARGOSY WAY |
1 Aug 2023 | £122,204 | £120,000 | 254 ARGOSY WAY |
1 Aug 2022 | £131,615 | £131,000 | 294 ARGOSY WAY |
8 Apr 2022 | £120,341 | £116,000 | 220 ARGOSY WAY |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 24 Sep 2010. Using an estimated price of £135,290 means this house is valued at £2,493 per sq meter (£231 per sq foot).
The average size of a house on ARGOSY WAY is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Seabreeze Crescent | |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Seabreeze Crescent |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Seabreeze Crescent |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Tantallus Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Tantallus Close |