£214,627
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Nov 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£175,000 | 11 Nov 2019 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 November 2019 the House Price Index for NEWPORT was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £175,000 results in an estimated price of approximately £214,627.
11 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £175,000 | £39,627 | £214,627 |
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 | 3.050 % | £5,338 | £180,338 |
3 Month Average | 21.210 % | £37,117 | £212,117 |
6 Month Average | 19.587 % | £34,276 | £209,276 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £141,524 | £140,000 | 13 GAINSBOROUGH DRIVE |
26 Apr 2023 | £109,176 | £108,000 | 573 CAERLEON ROAD |
25 Mar 2022 | £196,890 | £190,000 | 47 GAINSBOROUGH DRIVE |
4 Mar 2022 | £191,709 | £185,000 | 104 THE MOORINGS |
14 Jan 2022 | £406,229 | £386,000 | 555 CAERLEON ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 May 2019. Using an estimated price of £214,628 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on THE MOORINGS is 87 sq meters (938 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Caerleon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Caerleon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Caerleon Road |
Jan 2024 | Anti-social behaviour | On or near Caerleon Road | |
Jan 2024 | Anti-social behaviour | On or near Caerleon Road |