£246,154
This estimated value is based upon the latest sale price for the house of £233,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £233,000 | 25 Feb 2022 |
| £154,000 | 29 Mar 2018 |
| £69,000 | 11 May 2001 |
| £67,500 | 28 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 February 2022 the House Price Index for NEWPORT was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £233,000 results in an estimated price of approximately £246,154.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £233,000 | £13,154 | £246,154 |
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 | 8.128 % | £18,938 | £251,938 |
| 3 Month Average | 16.820 % | £39,191 | £272,191 |
| 6 Month Average | 14.177 % | £33,032 | £266,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £371,413 | £360,000 | 38 BEECHDALE ROAD |
| 6 Jan 2023 | £130,348 | £130,000 | FLAT 12 PEN Y LAN COURT GIBBS ROAD |
| 25 Feb 2022 | £246,155 | £233,000 | 76 GIBBS ROAD |
| 1 Sep 2021 | £240,996 | £222,000 | 24 BEECHFIELD AVENUE |
| 5 Nov 2020 | £309,503 | £265,000 | 10 BEECHDALE ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 20 Jul 2016. Using an estimated price of £246,155 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on GIBBS ROAD is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Awaiting court outcome | On or near Gibbs Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibbs Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Gibbs Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Beechdale Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lawrence Hill |