£253,675
This estimated value is based upon the latest sale price for the house of £243,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£243,000 | 8 Mar 2022 |
£243,000 | 8 Mar 2022 |
£207,000 | 26 May 2017 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2022 the House Price Index for NEWPORT was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £243,000 results in an estimated price of approximately £253,675.
8 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £243,000 | £10,675 | £253,675 |
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 | -13.285 % | £-32,283 | £210,716 |
3 Month Average | 20.262 % | £49,235 | £292,235 |
6 Month Average | 12.363 % | £30,041 | £273,041 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £194,949 | £190,000 | 60 BESSEMER DRIVE |
20 Oct 2023 | £247,624 | £242,000 | 102 BESSEMER DRIVE |
8 Sep 2023 | £235,184 | £230,000 | 3 PERU CLOSE |
4 Aug 2023 | £272,922 | £268,000 | 52 BESSEMER DRIVE |
30 Jun 2023 | £265,317 | £260,000 | 70 BLOOMERY CIRCLE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 10 Jun 2021. Using an estimated price of £253,676 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on BESSEMER DRIVE is 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bessemer Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Drive |