£140,051
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£135,000 | 1 Apr 2022 |
£110,000 | 21 Sep 2018 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 April 2022 the House Price Index for NEWPORT was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £135,000 results in an estimated price of approximately £140,051.
1 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £135,000 | £5,051 | £140,051 |
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 | -0.621 % | £-838 | £134,161 |
3 Month Average | 21.088 % | £28,468 | £163,468 |
6 Month Average | 16.887 % | £22,796 | £157,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £131,643 | £130,500 | 2 LLANVAIR MEWS LLANVAIR ROAD |
27 Sep 2023 | £158,494 | £155,000 | 6 CORELLI STREET |
25 Sep 2023 | £153,381 | £150,000 | 8 RUDRY STREET |
23 Mar 2023 | £148,480 | £146,000 | 10 RUDRY STREET |
25 Aug 2022 | £160,752 | £160,000 | 36 CORELLI STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 2 Dec 2021. Using an estimated price of £140,052 means this house is valued at £1,972 per sq meter (£183 per sq foot).
The average size of a house on LLANVAIR ROAD is 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Tregare Street |
Jul 2024 | Anti-social behaviour | On or near Rudry Street | |
Jul 2024 | Anti-social behaviour | On or near Rudry Street | |
Jul 2024 | Anti-social behaviour | On or near Rudry Street | |
Jul 2024 | Anti-social behaviour | On or near Rudry Street |