£154,255
This estimated value is based upon the latest sale price for the house of £89,500 on 24 Nov 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£89,500 | 24 Nov 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 610 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 November 2011 the House Price Index for NEWPORT was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £89,500 results in an estimated price of approximately £154,255.
24 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £89,500 | £64,755 | £154,255 |
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 | 1.239 % | £1,109 | £90,609 |
3 Month Average | 41.533 % | £37,171 | £126,671 |
6 Month Average | 59.909 % | £53,618 | £143,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £157,007 | £155,000 | 29 REES CLOSE |
15 Feb 2023 | £259,825 | £260,000 | 35 LLEWELLYN GROVE |
8 Nov 2022 | £278,151 | £281,520 | 34 WAVELL DRIVE |
4 Jul 2022 | £295,796 | £295,000 | 32 WAVELL DRIVE |
30 May 2022 | £305,761 | £300,000 | 12 ALMOND DRIVE |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 14 Dec 2010. Using an estimated price of £154,255 means this house is valued at £2,717 per sq meter (£252 per sq foot).
The average size of a house on REES CLOSE is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |