£101,623
This estimated value is based upon the latest sale price for the house of £33,000 on 15 Feb 2002. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£33,000 | 15 Feb 2002 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 731 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 February 2002 the House Price Index for NEWPORT was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £33,000 results in an estimated price of approximately £101,623.
15 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £33,000 | £68,623 | £101,623 |
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 | 211.063 % | £69,650 | £102,650 |
3 Month Average | 240.879 % | £79,489 | £112,489 |
6 Month Average | 255.111 % | £84,186 | £117,186 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £201,765 | £200,000 | 17 HAMILTON STREET |
23 Jun 2023 | £156,901 | £155,000 | 37 MAGOR STREET |
9 Jun 2023 | £161,962 | £160,000 | 42 MARSHFIELD STREET |
6 Apr 2023 | £136,469 | £135,000 | 11 MARSHFIELD STREET |
4 Jan 2023 | £164,226 | £165,000 | 26 HAMILTON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Oct 2014. Using an estimated price of £101,623 means this house is valued at £1,494 per sq meter (£138 per sq foot).
The average size of a house on MAGOR STREET is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Magor Street |