£315,437
This estimated value is based upon the latest sale price for the house of £249,950 on 17 Oct 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£249,950 | 17 Oct 2017 |
£112,000 | 14 Oct 2016 |
Terraced |
Freehold |
Floor Area: 129 sq meters or 1,388 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 October 2017 the House Price Index for NEWPORT was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £249,950 results in an estimated price of approximately £315,437.
17 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £249,950 | £65,487 | £315,437 |
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 | 14.213 % | £35,525 | £285,475 |
3 Month Average | 27.862 % | £69,642 | £319,592 |
6 Month Average | 39.879 % | £99,676 | £349,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £126,619 | £125,000 | 91 VICTORIA AVENUE |
25 Aug 2023 | £227,490 | £225,500 | 8 VICTORIA AVENUE |
16 Jun 2023 | £212,575 | £210,000 | 101A VICTORIA AVENUE |
3 Mar 2023 | £252,378 | £250,000 | 53 WOODLAND ROAD |
28 Feb 2023 | £212,357 | £212,500 | 47 VICTORIA AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 18 May 2017. Using an estimated price of £315,437 means this house is valued at £2,445 per sq meter (£227 per sq foot).
The average size of a house on KENSINGTON PLACE is 183 sq meters (1,976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kensington Place |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kensington Place |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodland Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodland Road |