£178,301
This estimated value is based upon the latest sale price for the house of £68,950 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £68,950 | 15 Nov 2002 |
| £39,000 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 909 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 2002 the House Price Index for NEWPORT was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £68,950 results in an estimated price of approximately £178,301.
| 15 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £68,950 | £109,351 | £178,301 |
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 | 152.468 % | £105,126 | £174,076 |
| 3 Month Average | 205.407 % | £141,628 | £210,578 |
| 6 Month Average | 209.564 % | £144,494 | £213,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £76,170 | £75,000 | FLAT 85 GREENWOOD BEAUFORT ROAD |
| 15 Dec 2023 | £226,974 | £220,000 | 10 GAINSBOROUGH DRIVE |
| 17 Oct 2023 | £245,578 | £240,000 | 528 CAERLEON ROAD |
| 22 Sep 2023 | £163,607 | £160,000 | 6 GAINSBOROUGH DRIVE |
| 28 Apr 2023 | £142,668 | £140,000 | 13 GAINSBOROUGH DRIVE |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 26 Aug 2010. Using an estimated price of £178,301 means this house is valued at £2,110 per sq meter (£196 per sq foot).
The average size of a house on GAINSBOROUGH DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worcester Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worcester Crescent |