£146,030
This estimated value is based upon the latest sale price for the house of £85,000 on 31 May 2012. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £85,000 | 31 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 844 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 May 2012 the House Price Index for NEWPORT was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £85,000 results in an estimated price of approximately £146,030.
| 31 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £85,000 | £61,030 | £146,030 |
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 | 67.927 % | £57,737 | £142,737 |
| 3 Month Average | 89.637 % | £76,191 | £161,191 |
| 6 Month Average | 88.342 % | £75,090 | £160,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £179,067 | £175,000 | 76 DURHAM ROAD |
| 13 Apr 2023 | £244,575 | £240,000 | 92 DURHAM ROAD |
| 20 Mar 2023 | £170,345 | £167,500 | 14 ORCHARD STREET |
| 6 Mar 2023 | £176,447 | £173,500 | 1 ORCHARD MEWS |
| 26 May 2022 | £151,445 | £147,500 | 3 ORCHARD STREET |
This house has a floor area of 78 sq meters or 844 sq feet when measured on 18 Jan 2012. Using an estimated price of £146,030 means this house is valued at £1,860 per sq meter (£172 per sq foot).
The average size of a house on DURHAM ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Durham Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Durham Lane |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Durham Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Orchard Mews |
| Oct 2024 | Public order | Under investigation | On or near Orchard Mews |