£193,398
This estimated value is based upon the latest sale price for the house of £59,950 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £59,950 | 2 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 November 2001 the House Price Index for NEWPORT was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £59,950 results in an estimated price of approximately £193,398.
| 2 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £59,950 | £133,448 | £193,398 |
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 | 228.259 % | £136,841 | £196,791 |
| 3 Month Average | 275.477 % | £165,148 | £225,098 |
| 6 Month Average | 264.945 % | £158,834 | £218,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £160,000 | £160,000 | 1 BALMORAL ROAD |
| 1 Dec 2023 | £179,000 | £173,500 | 52 BALMORAL ROAD |
| 27 Nov 2023 | £230,860 | £225,000 | 11 WARWICK ROAD |
| 3 Nov 2023 | £148,777 | £145,000 | 50 BALMORAL ROAD |
| 26 Oct 2023 | £115,114 | £112,500 | 56 BALMORAL ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 30 Jul 2013. Using an estimated price of £193,398 means this house is valued at £1,973 per sq meter (£183 per sq foot).
The average size of a house on BALMORAL ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conway Court |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conway Court |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Conway Court |
| Jul 2024 | Anti-social behaviour | On or near Conway Court | |
| Jul 2024 | Anti-social behaviour | On or near Conway Court |