£331,831
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £245,000 | 22 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 April 2016 the House Price Index for NEWPORT was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £245,000 results in an estimated price of approximately £331,831.
| 22 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £245,000 | £86,831 | £331,831 |
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 | 55.900 % | £136,955 | £381,955 |
| 3 Month Average | 63.702 % | £156,070 | £401,070 |
| 6 Month Average | 38.446 % | £94,192 | £339,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £358,864 | £355,000 | 46 OAKFIELD ROAD |
| 21 Feb 2023 | £132,911 | £133,000 | 4 CWRT MAES Y LLYN |
| 3 Feb 2023 | £482,176 | £482,500 | 15 OAKFIELD ROAD |
| 18 Nov 2022 | £345,811 | £350,000 | 44 BRYNGWYN ROAD |
| 10 Aug 2022 | £499,655 | £501,000 | 12 EDWARD VII AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Dec 2014. Using an estimated price of £331,832 means this house is valued at £2,885 per sq meter (£268 per sq foot).
The average size of a house on OAKFIELD GARDENS is 218 sq meters (2,348 sq feet).
This house is the smallest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilla Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilla Road |
| Mar 2024 | Other theft | Under investigation | On or near Burleigh Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Burleigh Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parkfield Place |