£186,877
This estimated value is based upon the latest sale price for the house of £122,500 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£122,500 | 14 Aug 2014 |
£117,000 | 15 Apr 2004 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2014 the House Price Index for NEWPORT was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £122,500 results in an estimated price of approximately £186,877.
14 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £122,500 | £64,377 | £186,877 |
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 | 52.747 % | £64,614 | £187,114 |
3 Month Average | 66.316 % | £81,237 | £203,737 |
6 Month Average | 68.642 % | £84,086 | £206,586 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £314,669 | £305,000 | 3 FOSSE CLOSE |
29 Aug 2023 | £193,490 | £190,000 | 38 WESTMOOR CLOSE |
30 Jun 2023 | £221,438 | £217,000 | 30 EASTMOOR ROAD |
31 Mar 2023 | £172,887 | £170,000 | 49 FOSSE ROAD |
20 Jun 2022 | £196,194 | £192,000 | 27 PONTFAEN ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 May 2014. Using an estimated price of £186,877 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on PONTFAEN ROAD is 82 sq meters (892 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Pont Faen Road |
Sep 2024 | Anti-social behaviour | On or near Pont Faen Road | |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Pont Faen Road |
Sep 2024 | Anti-social behaviour | On or near Pont Faen Road | |
Sep 2024 | Anti-social behaviour | On or near Pont Faen Road |