£234,777
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Nov 2006. This value is then adjusted by the current Official House Price Index for GWENT 1
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Price Paid | Date |
---|---|
£140,000 | 22 Nov 2006 |
£39,250 | 28 Jun 1995 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for GWENT to estimate the market value.
When this house was purchased in November 2006 the House Price Index for GWENT was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £140,000 results in an estimated price of approximately £234,777.
22 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.698 % | £140,000 | £94,777 | £234,777 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | -1.861 % | £-2,605 | £137,394 |
3 Month Average | 59.039 % | £82,654 | £222,654 |
6 Month Average | 58.007 % | £81,209 | £221,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £274,808 | £270,000 | 8 LEWIS WAY |
4 Sep 2023 | £253,238 | £250,000 | 15 VALENTINE LANE |
3 Mar 2023 | £254,397 | £252,000 | 18 VALENTINE LANE |
10 Aug 2022 | £205,497 | £206,050 | 16 VALENTINE LANE |
10 Jun 2022 | £253,584 | £250,000 | 31 BISHOPS CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Mar 2013. Using an estimated price of £234,778 means this house is valued at £4,347 per sq meter (£403 per sq foot).
The average size of a house on VALENTINE LANE is 68 sq meters (733 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Briton Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alice Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alice Crescent |
Jan 2024 | Anti-social behaviour | On or near Preston Close | |
Jan 2024 | Anti-social behaviour | On or near Preston Close |