£442,232
This estimated value is based upon the latest sale price for the house of £324,995 on 16 Mar 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£324,995 | 16 Mar 2016 |
Detached |
Freehold |
Floor Area: 166 sq meters or 1,786 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 2016 the House Price Index for NEWPORT was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £324,995 results in an estimated price of approximately £442,232.
16 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £324,995 | £117,237 | £442,232 |
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 | 58.755 % | £190,950 | £515,945 |
3 Month Average | 67.143 % | £218,212 | £543,207 |
6 Month Average | 55.135 % | £179,185 | £504,180 |
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 |
4 Aug 2023 | £272,922 | £268,000 | 52 BESSEMER DRIVE |
30 Jun 2023 | £265,317 | £260,000 | 70 BLOOMERY CIRCLE |
1 Jul 2022 | £297,986 | £295,000 | 9 PERU CLOSE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 4 Feb 2016. Using an estimated price of £442,232 means this house is valued at £2,664 per sq meter (£247 per sq foot).
The average size of a house on BILLET CLOSE is 136 sq meters (1,473 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Robbery | Unable to prosecute suspect | On or near Billet Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Billet Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Billet Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Drive |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bessemer Drive |