£259,031
This estimated value is based upon the latest sale price for the house of £175,000 on 30 Apr 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £175,000 | 30 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2015 the House Price Index for NEWPORT was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £175,000 results in an estimated price of approximately £259,031.
| 30 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £175,000 | £84,031 | £259,031 |
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 | 52.711 % | £92,244 | £267,244 |
| 3 Month Average | 81.130 % | £141,977 | £316,977 |
| 6 Month Average | 66.267 % | £115,966 | £290,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £212,531 | £206,000 | 28 BESSEMER DRIVE |
| 29 Sep 2023 | £255,635 | £250,000 | 77 BLOOMERY CIRCLE |
| 8 Sep 2023 | £276,086 | £270,000 | 85 BLOOMERY CIRCLE |
| 14 Apr 2023 | £494,244 | £485,000 | 31 BRIDLING CRESCENT |
| 17 Mar 2023 | £305,095 | £300,000 | 22 BEADING CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 Apr 2015. Using an estimated price of £259,032 means this house is valued at £2,943 per sq meter (£273 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 | Violence and sexual offences | Under investigation | On or near Brinell Square |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Brinell Square |
| Aug 2024 | Anti-social behaviour | On or near Baldwin Drive | |
| Aug 2024 | Anti-social behaviour | On or near Baldwin Drive | |
| Aug 2024 | Anti-social behaviour | On or near Baldwin Drive |