£114,097
This estimated value is based upon the latest sale price for the house of £108,000 on 22 Feb 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £108,000 | 22 Feb 2022 |
| £106,000 | 29 Nov 2019 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 February 2022 the House Price Index for NEWPORT was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £108,000 results in an estimated price of approximately £114,097.
| 22 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £108,000 | £6,097 | £114,097 |
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 | 8.128 % | £8,778 | £116,778 |
| 3 Month Average | 16.820 % | £18,166 | £126,166 |
| 6 Month Average | 14.177 % | £15,310 | £123,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £161,402 | £160,000 | 39 HAWKINS CRESCENT |
| 19 Dec 2023 | £157,335 | £152,500 | 12 HOWARD CLOSE |
| 15 Dec 2023 | £154,755 | £150,000 | 10 HOWARD CLOSE |
| 27 Oct 2023 | £140,184 | £137,000 | 59 LLANWERN ROAD |
| 31 Aug 2023 | £157,847 | £155,000 | 18 HOWARD CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 Nov 2018. Using an estimated price of £114,097 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on NELSON DRIVE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drake Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Howard Close |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Howard Close |