£295,567
This estimated value is based upon the latest sale price for the house of £222,500 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£222,500 | 16 Sep 2016 |
Semi-Detached |
Freehold |
Floor Area: 179 sq meters or 1,926 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 September 2016 the House Price Index for NEWPORT was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £222,500 results in an estimated price of approximately £295,567.
16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £222,500 | £73,067 | £295,567 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 50.236 % | £111,775 | £334,275 |
3 Month Average | 54.937 % | £122,233 | £344,733 |
6 Month Average | 42.465 % | £94,483 | £316,983 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £39,505 | £39,000 | FLAT 11 CWRT PENCRAIG, 8 CAERAU CRESCENT |
22 Sep 2023 | £123,580 | £122,000 | FLAT 1 59 CAERAU ROAD |
4 Aug 2023 | £131,147 | £130,000 | FLAT 2 30 BRYNGWYN ROAD |
28 Feb 2023 | £37,475 | £37,500 | FLAT 14 CWRT PENCRAIG, 8 CAERAU CRESCENT |
17 Feb 2023 | £449,697 | £450,000 | 28 LLANTHEWY ROAD |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 12 Apr 2013. Using an estimated price of £295,567 means this house is valued at £1,651 per sq meter (£153 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Llanthewy Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Llanthewy Road |
Dec 2023 | Vehicle crime | Under investigation | On or near Llanthewy Road |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Spencer Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencer Road |