£173,730
This estimated value is based upon the latest sale price for the house of £82,500 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£82,500 | 12 Mar 2004 |
£46,500 | 16 Aug 2002 |
Semi-Detached |
Freehold |
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 2004 the House Price Index for NEWPORT was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £82,500 results in an estimated price of approximately £173,730.
12 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 149.7 | 110.582 % | £82,500 | £91,230 | £173,730 |
The Postcode Pricing Model uses changes in average sales price within the NP18 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 | 81.120 % | £66,923 | £149,423 |
3 Month Average | 93.564 % | £77,190 | £159,690 |
6 Month Average | 89.082 % | £73,492 | £155,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £200,079 | £195,000 | 9 WILLOW DRIVE |
16 Nov 2023 | £205,209 | £200,000 | 153 WALTWOOD ROAD |
1 Nov 2023 | £205,209 | £200,000 | 40 WILLOW DRIVE |
25 Aug 2023 | £181,269 | £178,000 | 119 WALTWOOD ROAD |
30 Jun 2023 | £198,988 | £195,000 | 8 WOODLAND ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Maple Close | |
Jun 2024 | Other theft | Under investigation | On or near Maple Close |
Jun 2024 | Anti-social behaviour | On or near Maple Close | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Drive |
Apr 2024 | Other crime | Under investigation | On or near Willow Drive |