£135,321
This estimated value is based upon the latest sale price for the house of £133,500 on 17 Jul 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Rachel Square
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| Price Paid | Date |
|---|---|
| £133,500 | 17 Jul 2023 |
| £126,000 | 19 Aug 2019 |
| £90,000 | 19 Sep 2014 |
| £82,000 | 31 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 July 2023 the House Price Index for NEWPORT was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £133,500 results in an estimated price of approximately £135,321.
| 17 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £133,500 | £1,821 | £135,321 |
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 | -18.755 % | £-25,038 | £108,461 |
| 3 Month Average | -18.843 % | £-25,155 | £108,344 |
| 6 Month Average | -5.344 % | £-7,134 | £126,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £162,849 | £160,000 | 2 BUCCANEER GROVE |
| 17 Jul 2023 | £135,321 | £133,500 | 20 RACHEL SQUARE |
| 24 Apr 2023 | £138,491 | £137,000 | 8 RACHEL SQUARE |
| 10 Feb 2023 | £159,892 | £160,000 | 11 BUCCANEER WAY |
| 28 Nov 2022 | £261,828 | £265,000 | 14 BUCCANEER GROVE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 4 Jul 2014. Using an estimated price of £135,321 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on RACHEL SQUARE is 54 sq meters (591 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rachel Square |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rachel Square |
| Dec 2023 | Anti-social behaviour | On or near Sir Charles Square | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Sir Charles Square |
| Dec 2023 | Anti-social behaviour | On or near Sir Charles Square |