£70,395
This estimated value is based upon the latest sale price for the house of £14,567 on 20 Dec 1997. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £14,567 | 20 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,699 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 December 1997 the House Price Index for NEWPORT was 30.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 383.251%.Applying this 383.251% change to the original purchase price of £14,567 results in an estimated price of approximately £70,395.
| 20 Dec 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 146.7 | 383.251 % | £14,567 | £55,828 | £70,395 |
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 | 232.924 % | £33,930 | £48,497 |
| 3 Month Average | 301.879 % | £43,974 | £58,541 |
| 6 Month Average | 313.218 % | £45,626 | £60,193 |
This house has a floor area of 157 sq meters or 1,699 sq feet when measured on 22 Jul 2010.
The average size of a house on SPRINGFIELD DRIVE is 151 sq meters (1,628 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Springfield Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springfield Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mendip Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mendip Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mendip Close |