£228,549
This estimated value is based upon the latest sale price for the house of £185,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £185,000 | 4 Oct 2019 |
| £147,000 | 28 Jan 2011 |
| £45,000 | 26 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 October 2019 the House Price Index for NEWPORT was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £185,000 results in an estimated price of approximately £228,549.
| 4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £185,000 | £43,549 | £228,549 |
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 | 23.828 % | £44,082 | £229,082 |
| 3 Month Average | 28.656 % | £53,014 | £238,014 |
| 6 Month Average | 23.415 % | £43,317 | £228,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 8 Dec 2023 | £190,865 | £185,000 | 23 ANNESLEY ROAD |
| 4 Oct 2023 | £141,207 | £138,000 | FLAT A 54 MORDEN ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 17 Nov 2018. Using an estimated price of £228,549 means this house is valued at £1,843 per sq meter (£171 per sq foot).
The average size of a house on MORDEN ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Awaiting court outcome | 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 | Violence and sexual offences | Under investigation | On or near Morden Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Morden Road |