£180,725
This estimated value is based upon the latest sale price for the house of £106,000 on 6 May 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Rachel Square
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| Price Paid | Date |
|---|---|
| £106,000 | 6 May 2011 |
| £108,500 | 12 Nov 2004 |
| £45,000 | 7 Dec 1999 |
| £40,995 | 18 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 583 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 2011 the House Price Index for NEWPORT was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.496%.Applying this 70.496% change to the original purchase price of £106,000 results in an estimated price of approximately £180,725.
| 6 May 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.496 % | £106,000 | £74,725 | £180,725 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 62.704 % | £66,465 | £172,465 |
| 3 Month Average | 49.311 % | £52,269 | £158,269 |
| 6 Month Average | 57.160 % | £60,589 | £166,589 |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 8 Jul 2010.
The average size of a house on OCTAVIUS CLOSE is 85 sq meters (920 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rachel Square |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rachel Square |
| Dec 2023 | Anti-social behaviour | On or near Sir Charles Square | |
| Dec 2023 | Anti-social behaviour | On or near Sir Charles Square | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Sir Charles Square |