£146,785
This estimated value is based upon the latest sale price for the house of £110,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £110,000 | 14 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2016 the House Price Index for NEWPORT was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £110,000 results in an estimated price of approximately £146,785.
| 14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £110,000 | £36,785 | £146,785 |
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 | 40.462 % | £44,508 | £154,508 |
| 3 Month Average | 56.972 % | £62,668 | £172,668 |
| 6 Month Average | 57.628 % | £63,390 | £173,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £160,000 | £160,000 | 1 BALMORAL ROAD |
| 1 Dec 2023 | £179,000 | £173,500 | 52 BALMORAL ROAD |
| 3 Nov 2023 | £148,777 | £145,000 | 50 BALMORAL ROAD |
| 26 Oct 2023 | £115,114 | £112,500 | 56 BALMORAL ROAD |
| 14 Jun 2023 | £168,374 | £165,000 | 22 KENILWORTH ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Sep 2013. Using an estimated price of £146,785 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on BALMORAL ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Balmoral Lane |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Balmoral Lane |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Balmoral Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Lane |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Balmoral Lane |