£162,018
This estimated value is based upon the latest sale price for the house of £124,999 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£124,999 | 10 Mar 2017 |
£122,500 | 27 Aug 2010 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 781 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 March 2017 the House Price Index for NEWPORT was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £124,999 results in an estimated price of approximately £162,018.
10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £124,999 | £37,019 | £162,018 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 35.752 % | £44,689 | £169,688 |
3 Month Average | 25.894 % | £32,367 | £157,366 |
6 Month Average | 23.979 % | £29,972 | £154,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £167,480 | £165,000 | 79 GAER PARK DRIVE |
8 Sep 2023 | £238,044 | £235,000 | 97 GAER PARK ROAD |
1 Sep 2023 | £119,528 | £118,000 | 87 GAER PARK AVENUE |
19 Jul 2023 | £218,947 | £216,000 | 136 GAER PARK DRIVE |
17 Jul 2023 | £202,222 | £199,500 | 11 BEN JONSON WAY |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 14 Dec 2009. Using an estimated price of £162,019 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on GAER PARK DRIVE is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaer Park Drive |
Mar 2024 | Anti-social behaviour | On or near Gaer Park Parade | |
Mar 2024 | Public order | Under investigation | On or near Gaer Park Parade |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaer Park Hill |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Kipling Hill |