£265,747
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Aug 2020. 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 Summerhill Avenue
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| Price Paid | Date |
|---|---|
| £220,000 | 24 Aug 2020 |
| £152,000 | 15 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 2020 the House Price Index for NEWPORT was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £220,000 results in an estimated price of approximately £265,747.
| 24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £220,000 | £45,747 | £265,747 |
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 | 8.179 % | £17,993 | £237,993 |
| 3 Month Average | 43.286 % | £95,230 | £315,230 |
| 6 Month Average | 43.452 % | £95,594 | £315,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £196,023 | £190,000 | 57 VICTORIA AVENUE |
| 17 Nov 2023 | £241,121 | £235,000 | 51 ALBERT AVENUE |
| 24 Oct 2023 | £179,067 | £175,000 | 37 BRYNDERWEN ROAD |
| 27 Sep 2023 | £127,818 | £125,000 | 91 VICTORIA AVENUE |
| 25 Aug 2023 | £229,642 | £225,500 | 8 VICTORIA AVENUE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 22 Oct 2018. Using an estimated price of £265,747 means this house is valued at £1,581 per sq meter (£146 per sq foot).
The average size of a house on SUMMERHILL AVENUE is 152 sq meters (1,644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Summerhill Avenue |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Summerhill Avenue |
| Aug 2024 | Anti-social behaviour | On or near Brynderwen Road | |
| Aug 2024 | Anti-social behaviour | On or near Brynderwen Road | |
| Jul 2024 | Other crime | Under investigation | On or near Brynderwen Road |