£222,570
This estimated value is based upon the latest sale price for the house of £192,500 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £192,500 | 21 Dec 2020 |
| £134,000 | 22 May 2015 |
| Terraced |
| Freehold |
| 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 December 2020 the House Price Index for NEWPORT was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £192,500 results in an estimated price of approximately £222,570.
| 21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £192,500 | £30,070 | £222,570 |
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 | 2.303 % | £4,433 | £196,933 |
| 3 Month Average | 19.273 % | £37,100 | £229,600 |
| 6 Month Average | 27.641 % | £53,209 | £245,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £272,365 | £270,000 | 7 CARMARTHENSHIRE DRIVE |
| 21 Nov 2023 | £194,949 | £190,000 | 60 BESSEMER DRIVE |
| 8 Sep 2023 | £235,184 | £230,000 | 3 PERU CLOSE |
| 4 Aug 2023 | £272,922 | £268,000 | 52 BESSEMER DRIVE |
| 30 Jun 2023 | £265,317 | £260,000 | 70 BLOOMERY CIRCLE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 May 2014. Using an estimated price of £222,570 means this house is valued at £2,928 per sq meter (£272 per sq foot).
The average size of a house on BESSEMER DRIVE is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Billet Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Billet Close |
| Oct 2024 | Public order | Under investigation | On or near Billet Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Billet Close |
| Oct 2024 | Anti-social behaviour | On or near Billet Close |