£153,381
This estimated value is based upon the latest sale price for the house of £150,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £150,000 | 8 Sep 2023 |
| £80,000 | 17 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2023 the House Price Index for NEWPORT was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £150,000 results in an estimated price of approximately £153,381.
| 8 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £150,000 | £3,381 | £153,381 |
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 | 38.074 % | £57,111 | £207,111 |
| 3 Month Average | 2.772 % | £4,157 | £154,157 |
| 6 Month Average | 0.521 % | £782 | £150,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £136,183 | £135,000 | 11 JENKINS STREET |
| 8 Sep 2023 | £153,381 | £150,000 | 61 CROMWELL ROAD |
| 28 Jun 2023 | £219,397 | £215,000 | 142 CROMWELL ROAD |
| 21 Jun 2023 | £181,130 | £177,500 | 46 MILNER STREET |
| 21 Oct 2022 | £139,534 | £140,000 | 238 CROMWELL ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 3 Dec 2013. Using an estimated price of £153,381 means this house is valued at £1,207 per sq meter (£112 per sq foot).
The average size of a house on CROMWELL ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromwell Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromwell Road |
| Jul 2024 | Other crime | Awaiting court outcome | On or near Cromwell Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromwell Road |