£455,023
This estimated value is based upon the latest sale price for the house of £272,500 on 5 Dec 2012. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £272,500 | 5 Dec 2012 |
| £283,000 | 17 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 204 sq meters or 2,198 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 2012 the House Price Index for NEWPORT was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £272,500 results in an estimated price of approximately £455,023.
| 5 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £272,500 | £182,523 | £455,023 |
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 | 58.834 % | £160,323 | £432,823 |
| 3 Month Average | 71.785 % | £195,612 | £468,112 |
| 6 Month Average | 56.776 % | £154,713 | £427,213 |
This house has a floor area of 204 sq meters or 2,198 sq feet when measured on 20 Oct 2011.
The average size of a house on OAKFIELD ROAD is 175 sq meters (1,884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilla Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilla Road |
| Mar 2024 | Other theft | Under investigation | On or near Burleigh Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Burleigh Road |
| Jan 2024 | Drugs | Under investigation | On or near Manley Road |