£234,573
This estimated value is based upon the latest sale price for the house of £183,995 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £183,995 | 31 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2017 the House Price Index for NEWPORT was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £183,995 results in an estimated price of approximately £234,573.
| 31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £183,995 | £50,578 | £234,573 |
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 | 21.376 % | £39,330 | £223,325 |
| 3 Month Average | 35.327 % | £64,999 | £248,994 |
| 6 Month Average | 50.064 % | £92,116 | £276,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £216,897 | £215,000 | 14 PICKLE LINE ROAD |
| 4 Aug 2023 | £216,897 | £215,000 | 3 TEMPER MILL WAY |
| 28 Jul 2023 | £233,138 | £230,000 | 2 HOT MILL CLOSE |
| 30 Jun 2023 | £387,393 | £382,700 | 7 BALDWIN DRIVE |
| 23 Feb 2023 | £204,862 | £205,000 | 26 TEMPER MILL WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Jul 2017. Using an estimated price of £234,573 means this house is valued at £3,086 per sq meter (£286 per sq foot).
The average size of a house on COLD MILL ROAD is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hot Mill Close | |
| Feb 2024 | Anti-social behaviour | On or near Hot Mill Close | |
| Jan 2024 | Anti-social behaviour | On or near Hot Mill Close | |
| Jan 2024 | Anti-social behaviour | On or near Hot Mill Close | |
| Jan 2024 | Anti-social behaviour | On or near Hot Mill Close |