£199,050
This estimated value is based upon the latest sale price for the house of £200,000 on 3 Mar 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £200,000 | 3 Mar 2023 |
| £90,000 | 3 Jul 2014 |
| £118,000 | 31 Jul 2007 |
| £39,000 | 5 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,158 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 March 2023 the House Price Index for NEWPORT was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £200,000 results in an estimated price of approximately £199,050.
| 3 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £200,000 | £-949 | £199,050 |
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 | -22.168 % | £-44,335 | £155,664 |
| 3 Month Average | -0.910 % | £-1,820 | £198,179 |
| 6 Month Average | 0.526 % | £1,051 | £201,051 |
This house has a floor area of 107 sq meters or 1,158 sq feet when measured on 12 Feb 2009.
The average size of a house on DRAKE CLOSE is 151 sq meters (1,628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Drake Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nelson Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawkins Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Treberth Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Treberth Court |