£278,371
This estimated value is based upon the latest sale price for the house of £275,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£275,000 | 16 Jun 2023 |
£206,160 | 21 Oct 2016 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 June 2023 the House Price Index for NEWPORT was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £275,000 results in an estimated price of approximately £278,371.
16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £275,000 | £3,371 | £278,371 |
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 | -11.167 % | £-30,708 | £244,291 |
3 Month Average | 11.818 % | £32,499 | £307,499 |
6 Month Average | 5.615 % | £15,441 | £290,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £327,868 | £325,000 | 56 SPENCER WAY |
18 Aug 2023 | £403,530 | £400,000 | 9 LYDNEY WALK |
18 Aug 2023 | £302,648 | £300,000 | 84 SPENCER WAY |
7 Jul 2023 | £339,570 | £335,000 | 92 SPENCER WAY |
16 Jun 2023 | £278,372 | £275,000 | 1 LYDNEY WALK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 May 2016. Using an estimated price of £278,372 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on LYDNEY WALK is 143 sq meters (1,541 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Spencer Way |
Apr 2024 | Public order | Under investigation | On or near Spencer Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Spencer Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Spencer Way |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Spencer Way |