£242,079
This estimated value is based upon the latest sale price for the house of £195,000 on 22 Oct 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £195,000 | 22 Oct 2018 |
| £155,000 | 18 Jul 2014 |
| £36,500 | 16 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 October 2018 the House Price Index for NEWPORT was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £195,000 results in an estimated price of approximately £242,079.
| 22 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £195,000 | £47,079 | £242,079 |
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 | 5.390 % | £10,509 | £205,509 |
| 3 Month Average | 32.200 % | £62,789 | £257,789 |
| 6 Month Average | 34.199 % | £66,687 | £261,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £200,000 | £200,000 | 27 RONALD ROAD |
| 15 Mar 2024 | £287,924 | £283,500 | 42 RONALD ROAD |
| 29 Sep 2023 | £250,523 | £245,000 | 64 RICHMOND ROAD |
| 30 Jun 2023 | £262,766 | £257,500 | 66 RICHMOND ROAD |
| 13 Jan 2023 | £122,828 | £122,500 | 4 RICHMOND ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 28 Aug 2013. Using an estimated price of £242,079 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on RICHMOND ROAD is 124 sq meters (1,344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Surrey Place |
| Aug 2024 | Burglary | Under investigation | On or near Surrey Place |
| Jul 2024 | Anti-social behaviour | On or near Surrey Place | |
| Jul 2024 | Anti-social behaviour | On or near Surrey Place |