£245,356
This estimated value is based upon the latest sale price for the house of £227,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £227,000 | 30 Jun 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2021 the House Price Index for NEWPORT was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £227,000 results in an estimated price of approximately £245,356.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £227,000 | £18,356 | £245,356 |
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 | -6.579 % | £-14,935 | £212,064 |
| 3 Month Average | 19.650 % | £44,604 | £271,604 |
| 6 Month Average | 16.372 % | £37,164 | £264,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £238,500 | £238,500 | 19 RINGWOOD AVENUE |
| 28 Apr 2023 | £203,812 | £200,000 | 1 DENTS CLOSE |
| 21 Mar 2023 | £111,868 | £110,000 | 82 RINGWOOD HILL |
| 23 Jan 2023 | £253,176 | £252,500 | 9 NESTON ROAD |
| 22 Jul 2022 | £212,126 | £210,000 | 95 RINGWOOD HILL |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Sep 2020. Using an estimated price of £245,357 means this house is valued at £2,726 per sq meter (£253 per sq foot).
The average size of a house on RINGWOOD AVENUE is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neston Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Neston Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Neston Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Hill |