£602,033
This estimated value is based upon the latest sale price for the house of £355,000 on 11 Jun 2010. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£355,000 | 11 Jun 2010 |
Detached |
Freehold |
Floor Area: 145 sq meters or 1,564 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 2010 the House Price Index for NEWPORT was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £355,000 results in an estimated price of approximately £602,033.
11 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.587 % | £355,000 | £247,033 | £602,033 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 37.544 % | £133,280 | £488,280 |
3 Month Average | 61.757 % | £219,238 | £574,238 |
6 Month Average | 55.973 % | £198,703 | £553,703 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £339,339 | £335,000 | 6 ENVILLE CLOSE |
28 Sep 2023 | £405,181 | £400,000 | 15 ENVILLE ROAD |
19 Jul 2023 | £506,821 | £500,000 | 20 RIDGEWAY |
31 Aug 2022 | £378,980 | £380,000 | 22 REDBROOK ROAD |
28 Jan 2022 | £752,472 | £715,000 | 40 RIDGEWAY |
This house has a floor area of 145 sq meters or 1,564 sq feet when measured on 10 Jan 2010. Using an estimated price of £602,034 means this house is valued at £4,140 per sq meter (£384 per sq foot).
The average size of a house on RIDGEWAY is 201 sq meters (2,168 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ridgeway Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Enville Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Nant Coch Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nant Coch Drive |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nant Coch Drive |