£170,934
This estimated value is based upon the latest sale price for the house of £106,500 on 4 Dec 2013. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£106,500 | 4 Dec 2013 |
£130,000 | 12 Feb 2009 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,127 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 2013 the House Price Index for NEWPORT was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £106,500 results in an estimated price of approximately £170,934.
4 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £106,500 | £64,434 | £170,934 |
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 | 1.778 % | £1,893 | £108,393 |
3 Month Average | 31.075 % | £33,094 | £139,594 |
6 Month Average | 49.995 % | £53,244 | £159,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £268,432 | £265,000 | 8 PARK AVENUE |
30 Jun 2023 | £188,281 | £186,000 | 4 GOLDSMITH CLOSE |
31 Mar 2023 | £151,427 | £150,000 | 6 MACAULEY GARDENS |
24 Feb 2023 | £219,852 | £220,000 | 2 WELLS CLOSE |
11 Jul 2022 | £260,702 | £260,000 | 4 PARK CRESCENT |
This house has a floor area of 104 sq meters or 1,127 sq feet when measured on 2 Mar 2009. Using an estimated price of £170,934 means this house is valued at £1,631 per sq meter (£151 per sq foot).
The average size of a house on PARK CRESCENT is 114 sq meters (1,232 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
Jan 2024 | Anti-social behaviour | On or near Park Crescent | |
Jan 2024 | Anti-social behaviour | On or near Park Crescent | |
Jan 2024 | Anti-social behaviour | On or near Park Crescent |