£136,305
This estimated value is based upon the latest sale price for the house of £94,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £94,000 | 10 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2015 the House Price Index for NEWPORT was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £94,000 results in an estimated price of approximately £136,305.
| 10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £94,000 | £42,305 | £136,305 |
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 | 62.353 % | £58,612 | £152,612 |
| 3 Month Average | 66.547 % | £62,554 | £156,554 |
| 6 Month Average | 67.807 % | £63,738 | £157,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £214,880 | £210,000 | 12 METHUEN ROAD |
| 4 Aug 2023 | £127,296 | £125,000 | 48 LLANWERN STREET |
| 28 Jun 2023 | £188,783 | £185,000 | 1 CAMBRIDGE ROAD |
| 30 Jan 2023 | £60,161 | £60,000 | 34A MARLBOROUGH ROAD |
| 17 Aug 2022 | £176,827 | £176,000 | 18 KINGSTON ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 24 Feb 2016. Using an estimated price of £136,306 means this house is valued at £1,481 per sq meter (£137 per sq foot).
The average size of a house on METHUEN ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingston Road |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Kingston Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingston Road |
| Oct 2024 | Other crime | Awaiting court outcome | On or near Kingston Road |