£175,970
This estimated value is based upon the latest sale price for the house of £143,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £143,000 | 12 Aug 2019 |
| £119,995 | 22 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 August 2019 the House Price Index for NEWPORT was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £143,000 results in an estimated price of approximately £175,970.
| 12 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £143,000 | £32,970 | £175,970 |
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 | -0.255 % | £-364 | £142,635 |
| 3 Month Average | 14.762 % | £21,109 | £164,109 |
| 6 Month Average | 14.709 % | £21,033 | £164,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £249,363 | £245,000 | 29 LADYHILL ROAD |
| 1 Dec 2023 | £178,116 | £175,000 | 9 VAUGHAN WILLIAMS DRIVE |
| 29 Sep 2023 | £263,367 | £260,000 | 23 LADYHILL ROAD |
| 5 Sep 2023 | £266,406 | £263,000 | 21 ALWAY CRESCENT |
| 24 Aug 2023 | £292,559 | £290,000 | 14 ALWAY CRESCENT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 15 Nov 2016. Using an estimated price of £175,971 means this house is valued at £2,982 per sq meter (£277 per sq foot).
The average size of a house on ELGAR AVENUE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Elgar Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Walford Davies Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Byrde Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Byrde Close |
| Mar 2024 | Anti-social behaviour | On or near Alway Crescent |