£356,671
This estimated value is based upon the latest sale price for the house of £350,000 on 6 Apr 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Groves Road
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| Price Paid | Date |
|---|---|
| £350,000 | 6 Apr 2023 |
| £210,001 | 8 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2023 the House Price Index for NEWPORT was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £350,000 results in an estimated price of approximately £356,671.
| 6 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £350,000 | £6,671 | £356,671 |
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 | -8.035 % | £-28,122 | £321,877 |
| 3 Month Average | 17.529 % | £61,350 | £411,350 |
| 6 Month Average | -1.481 % | £-5,185 | £344,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £285,000 | £285,000 | 3 WESTERN AVENUE |
| 24 Nov 2023 | £779,794 | £760,000 | WHITE LODGE GLASLLWCH LANE |
| 3 Nov 2023 | £333,465 | £325,000 | 53 GROVES ROAD |
| 29 Sep 2023 | £434,580 | £425,000 | 84 WESTERN AVENUE |
| 12 Sep 2023 | £521,496 | £510,000 | 74 WESTERN AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 9 Feb 2017. Using an estimated price of £356,671 means this house is valued at £3,184 per sq meter (£295 per sq foot).
The average size of a house on WESTERN AVENUE is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Groves Road |
| Sep 2024 | Anti-social behaviour | On or near Parklands Close | |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Western Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Western Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Western Avenue |