£244,574
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Apr 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 13 Apr 2023 |
| £130,000 | 4 Dec 2020 |
| £110,000 | 19 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 April 2023 the House Price Index for NEWPORT was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £240,000 results in an estimated price of approximately £244,574.
| 13 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £240,000 | £4,574 | £244,574 |
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 | 13.092 % | £31,420 | £271,420 |
| 3 Month Average | 12.541 % | £30,099 | £270,099 |
| 6 Month Average | 10.170 % | £24,407 | £264,407 |
| 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 |
| 26 May 2022 | £151,445 | £147,500 | 3 ORCHARD STREET |
| 20 May 2022 | £123,210 | £120,000 | 52 DURHAM ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 15 Sep 2020. Using an estimated price of £244,575 means this house is valued at £2,574 per sq meter (£239 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 | Public order | Under investigation | On or near Durham Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Durham Lane |