£138,401
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£100,000 | 18 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 December 2015 the House Price Index for NEWPORT was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £100,000 results in an estimated price of approximately £138,401.
18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £100,000 | £38,401 | £138,401 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 45.492 % | £45,492 | £145,492 |
3 Month Average | 52.567 % | £52,567 | £152,567 |
6 Month Average | 44.983 % | £44,983 | £144,983 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £176,664 | £175,000 | 16 WESTFIELD WAY |
10 Aug 2022 | £209,436 | £210,000 | 9 WESTFIELD WAY |
16 Jun 2022 | £185,116 | £182,500 | 421 MALPAS ROAD |
3 Sep 2021 | £272,631 | £253,000 | 17 WESTFIELD GARDENS |
16 Jul 2021 | £172,332 | £149,950 | 429 MALPAS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Dec 2015. Using an estimated price of £138,401 means this house is valued at £1,895 per sq meter (£176 per sq foot).
The average size of a house on WESTFIELD WAY is 95 sq meters (1,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westfield Drive |
Jan 2024 | Anti-social behaviour | On or near Westfield Drive | |
Jan 2024 | Anti-social behaviour | On or near Westfield Drive | |
Jan 2024 | Anti-social behaviour | On or near Westfield Drive |