£356,266
This estimated value is based upon the latest sale price for the house of £295,795 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£295,795 | 26 Mar 2020 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 March 2020 the House Price Index for NEWPORT was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £295,795 results in an estimated price of approximately £356,266.
26 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £295,795 | £60,471 | £356,266 |
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 | 41.190 % | £121,838 | £417,633 |
3 Month Average | 23.305 % | £68,935 | £364,730 |
6 Month Average | 20.743 % | £61,357 | £357,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £315,521 | £310,000 | 10 WEST AFRICA GROVE |
15 Sep 2023 | £273,497 | £270,000 | 11 VENEZUELA CLOSE |
8 Sep 2023 | £232,979 | £230,000 | 3 PERU CLOSE |
22 Aug 2022 | £226,889 | £227,500 | 25 OXFORDSHIRE ROAD |
1 Jul 2022 | £295,796 | £295,000 | 9 PERU CLOSE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 26 Nov 2019. Using an estimated price of £356,266 means this house is valued at £2,783 per sq meter (£258 per sq foot).
The average size of a house on WEST AFRICA GROVE is 134 sq meters (1,443 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Venezuela Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Venezuela Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Venezuela Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near West Africa Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Oxfordshire Road |