£202,610
This estimated value is based upon the latest sale price for the house of £175,000 on 2 Jul 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£175,000 | 2 Jul 2021 |
£71,500 | 17 Aug 2001 |
£58,000 | 14 Dec 1999 |
£58,750 | 11 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 July 2021 the House Price Index for NEWPORT was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £175,000 results in an estimated price of approximately £202,610.
2 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £175,000 | £27,610 | £202,610 |
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 | 14.341 % | £25,097 | £200,097 |
3 Month Average | 16.990 % | £29,731 | £204,731 |
6 Month Average | 13.479 % | £23,588 | £198,588 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2023 | £96,613 | £95,000 | 26 PARRY DRIVE |
24 Feb 2023 | £301,011 | £299,000 | 605 CHEPSTOW ROAD |
14 Feb 2023 | £186,244 | £185,000 | 624 CHEPSTOW ROAD |
12 Jan 2023 | £200,536 | £200,000 | 85 EAST GROVE ROAD |
25 Oct 2022 | £249,168 | £250,000 | 536 CHEPSTOW ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Mar 2021. Using an estimated price of £202,610 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on EAST GROVE ROAD is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purcell Square |
Aug 2024 | Anti-social behaviour | On or near Purcell Square | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Purcell Square |
Aug 2024 | Anti-social behaviour | On or near Purcell Square | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Purcell Square |