£235,160
This estimated value is based upon the latest sale price for the house of £137,750 on 20 Aug 2010. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Farmwood Close
More crime details
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| Price Paid | Date |
|---|---|
| £137,750 | 20 Aug 2010 |
| £138,000 | 30 Apr 2010 |
| £75,000 | 21 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 917 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 2010 the House Price Index for NEWPORT was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £137,750 results in an estimated price of approximately £235,160.
| 20 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £137,750 | £97,410 | £235,160 |
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 | 57.243 % | £78,852 | £216,602 |
| 3 Month Average | 70.545 % | £97,176 | £234,926 |
| 6 Month Average | 69.080 % | £95,157 | £232,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £218,355 | £215,000 | 3 FARMWOOD CLOSE |
| 15 Sep 2023 | £342,551 | £335,000 | 33 EAST GROVE ROAD |
| 16 Feb 2023 | £387,589 | £385,000 | 504 CHEPSTOW ROAD |
| 16 Feb 2023 | £458,060 | £455,000 | 484 CHEPSTOW ROAD |
| 17 Jan 2023 | £230,616 | £230,000 | 1 FARMWOOD CLOSE |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 7 Apr 2010. Using an estimated price of £235,161 means this house is valued at £2,760 per sq meter (£256 per sq foot).
The average size of a house on FARMWOOD CLOSE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Farmwood Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Farmwood Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hatherleigh |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hatherleigh |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Hatherleigh |