£280,241
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Apr 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £275,000 | 27 Apr 2023 |
| £237,500 | 11 Dec 2020 |
| £160,000 | 7 Feb 2011 |
| £137,750 | 7 Oct 2008 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2023 the House Price Index for NEWPORT was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £275,000 results in an estimated price of approximately £280,241.
| 27 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £275,000 | £5,241 | £280,241 |
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 | -8.035 % | £-22,096 | £252,903 |
| 3 Month Average | 17.529 % | £48,204 | £323,204 |
| 6 Month Average | -1.481 % | £-4,074 | £270,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £221,816 | £215,000 | 48 RISCA ROAD |
| 24 Nov 2023 | £270,876 | £264,000 | 21 PENLLYN AVENUE |
| 14 Nov 2023 | £272,928 | £266,000 | 32 UPTON ROAD |
| 15 Sep 2023 | £250,778 | £245,250 | 46 RISCA ROAD |
| 27 Apr 2023 | £280,242 | £275,000 | 52 RISCA ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 30 Oct 2018. Using an estimated price of £280,242 means this house is valued at £1,973 per sq meter (£183 per sq foot).
The average size of a house on RISCA ROAD is 142 sq meters (1,532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Penllyn Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penllyn Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penllyn Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penllyn Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penllyn Avenue |