£215,972
This estimated value is based upon the latest sale price for the house of £125,000 on 2 Sep 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £125,000 | 2 Sep 2011 |
| £98,950 | 11 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 862 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 September 2011 the House Price Index for NEWPORT was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £125,000 results in an estimated price of approximately £215,972.
| 2 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £125,000 | £90,972 | £215,972 |
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 | 48.941 % | £61,176 | £186,176 |
| 3 Month Average | 76.367 % | £95,459 | £220,459 |
| 6 Month Average | 72.486 % | £90,607 | £215,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £160,559 | £157,750 | 28 ARMSTRONG CLOSE |
| 28 Jul 2023 | £240,233 | £237,000 | 32 CHURCHWARD DRIVE |
| 24 Feb 2023 | £224,849 | £225,000 | 7 BROOKFIELD CLOSE |
| 13 Feb 2023 | £197,367 | £197,500 | 22 ROYSTON CRESCENT |
| 29 Apr 2022 | £123,576 | £120,000 | 2 CHURCHWARD DRIVE |
This house has a floor area of 80 sq meters or 862 sq feet when measured on 21 May 2011. Using an estimated price of £215,972 means this house is valued at £2,696 per sq meter (£250 per sq foot).
The average size of a house on CHURCHWARD DRIVE is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Armstrong Close |