£248,307
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £250,000 | 18 Aug 2023 |
| £150,000 | 19 Oct 2009 |
| £85,000 | 2 Nov 2005 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 701 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 August 2023 the House Price Index for NEWPORT was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £250,000 results in an estimated price of approximately £248,307.
| 18 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £250,000 | £-1,692 | £248,307 |
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 | 22.336 % | £55,840 | £305,840 |
| 3 Month Average | 13.517 % | £33,792 | £283,792 |
| 6 Month Average | 2.765 % | £6,911 | £256,911 |
This house has a floor area of 65 sq meters or 701 sq feet when measured on 2 Nov 2009.
The average size of a house on DRINKWATER RISE is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Drinkwater Rise |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Drinkwater Rise |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Drinkwater View |