£223,991
This estimated value is based upon the latest sale price for the house of £122,000 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£122,000 | 7 Oct 2005 |
£44,500 | 30 Jun 1997 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 October 2005 the House Price Index for NEWPORT was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £122,000 results in an estimated price of approximately £223,991.
7 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £122,000 | £101,991 | £223,991 |
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 | 36.059 % | £43,991 | £165,991 |
3 Month Average | 65.927 % | £80,431 | £202,431 |
6 Month Average | 69.407 % | £84,676 | £206,676 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2024 | £162,000 | £162,000 | 35 WALMER ROAD |
17 Nov 2023 | £184,688 | £180,000 | 33 WALMER ROAD |
8 Nov 2023 | £225,730 | £220,000 | 16 WINDSOR ROAD |
1 Aug 2023 | £127,296 | £125,000 | 13 WALMER ROAD |
30 Jun 2023 | £163,272 | £160,000 | 34 WALMER ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Mar 2015. Using an estimated price of £223,991 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on WALMER ROAD is 106 sq meters (1,145 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walmer Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walmer Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walmer Road |
Aug 2024 | Shoplifting | Under investigation | On or near Walmer Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walmer Road |