£219,009
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Nov 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£165,000 | 30 Nov 2016 |
£82,000 | 22 Sep 1997 |
Terraced |
Freehold |
Floor Area: 215 sq meters or 2,314 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 November 2016 the House Price Index for NEWPORT was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £165,000 results in an estimated price of approximately £219,009.
30 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £165,000 | £54,009 | £219,009 |
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 | 51.494 % | £84,965 | £249,965 |
3 Month Average | 65.609 % | £108,255 | £273,255 |
6 Month Average | 59.608 % | £98,352 | £263,352 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £285,000 | £285,000 | 140 CAERLEON ROAD |
8 May 2024 | £170,000 | £170,000 | 144 CAERLEON ROAD |
22 Apr 2024 | £181,577 | £180,000 | 4 RONALD ROAD |
17 Apr 2024 | £85,745 | £85,000 | 41 ANNESLEY ROAD |
15 Dec 2023 | £165,072 | £160,000 | 7 ANNESLEY ROAD |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 12 Aug 2013. Using an estimated price of £219,009 means this house is valued at £1,018 per sq meter (£94 per sq foot).
The average size of a house on MORDEN ROAD is 124 sq meters (1,338 sq feet).
This house is the largest in the street with a floor area of 215 sq meters (2,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Morden Road |
Oct 2024 | Vehicle crime | Under investigation | On or near Morden Road |
Oct 2024 | Drugs | Awaiting court outcome | On or near Morden Road |
Oct 2024 | Other crime | Awaiting court outcome | On or near Morden Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Morden Road |