£246,733
This estimated value is based upon the latest sale price for the house of £145,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £145,000 | 16 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,454 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 December 2011 the House Price Index for NEWPORT was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £145,000 results in an estimated price of approximately £246,733.
| 16 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £145,000 | £101,733 | £246,733 |
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 | 63.693 % | £92,355 | £237,355 |
| 3 Month Average | 77.084 % | £111,771 | £256,771 |
| 6 Month Average | 62.462 % | £90,570 | £235,570 |
This house has a floor area of 135 sq meters or 1,454 sq feet when measured on 20 Jan 2011.
The average size of a house on RISCA ROAD is 142 sq meters (1,532 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Penllyn Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penllyn Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penllyn Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Penllyn Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Penllyn Lane |