£267,686
This estimated value is based upon the latest sale price for the house of £217,000 on 12 Dec 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £217,000 | 12 Dec 2018 |
| £160,000 | 26 Mar 2015 |
| £166,000 | 26 Sep 2005 |
| £115,250 | 13 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 2018 the House Price Index for NEWPORT was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £217,000 results in an estimated price of approximately £267,686.
| 12 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £217,000 | £50,686 | £267,686 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 8.333 % | £18,083 | £235,083 |
| 3 Month Average | 4.738 % | £10,280 | £227,280 |
| 6 Month Average | 10.913 % | £23,680 | £240,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £241,069 | £237,500 | 27 GROSMONT WAY |
| 25 Jul 2023 | £422,689 | £417,000 | 52 GROSMONT WAY |
| 28 Apr 2023 | £422,044 | £417,500 | 46 GROSMONT WAY |
| 3 Feb 2023 | £254,829 | £255,000 | 10 CHIRK CLOSE |
| 25 Jan 2023 | £338,406 | £340,000 | 19 DUNRAVEN DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Oct 2018. Using an estimated price of £267,687 means this house is valued at £2,731 per sq meter (£253 per sq foot).
The average size of a house on CHIRK CLOSE is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chirk Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Powis Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Dunraven Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Powis Close |
| Mar 2024 | Anti-social behaviour | On or near Oxwich Grove |