£267,146
This estimated value is based upon the latest sale price for the house of £240,000 on 3 Mar 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£240,000 | 3 Mar 2021 |
£185,000 | 21 Dec 2016 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2021 the House Price Index for NEWPORT was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £240,000 results in an estimated price of approximately £267,146.
3 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 148.6 | 11.311 % | £240,000 | £27,146 | £267,146 |
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 | -22.861 % | £-54,866 | £185,133 |
3 Month Average | -35.715 % | £-85,715 | £154,284 |
6 Month Average | 12.675 % | £30,419 | £270,419 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £126,878 | £125,000 | 3 DEWSTOW STREET |
28 Sep 2023 | £111,425 | £110,000 | 13 DEWSTOW STREET |
23 Jan 2023 | £268,734 | £270,000 | 14 LOFTUS AVENUE |
30 Sep 2022 | £262,877 | £265,000 | 2 LOFTUS GROVE |
20 Sep 2022 | £198,398 | £200,000 | 4 LOFTUS LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Oct 2016. Using an estimated price of £267,146 means this house is valued at £3,001 per sq meter (£278 per sq foot).
The average size of a house on LOFTUS LANE is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bilston Street |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Loftus Grove |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Dewstow Street |
Mar 2024 | Public order | Under investigation | On or near Loftus Avenue |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Loftus Avenue |