£104,005
This estimated value is based upon the latest sale price for the house of £82,500 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£82,500 | 17 Nov 2017 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 741 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 2017 the House Price Index for NEWPORT was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £82,500 results in an estimated price of approximately £104,005.
17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £82,500 | £21,505 | £104,005 |
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 | 24.849 % | £20,500 | £103,000 |
3 Month Average | 42.622 % | £35,163 | £117,663 |
6 Month Average | 40.311 % | £33,256 | £115,756 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £152,254 | £150,000 | 24 BRISTOL STREET |
5 Sep 2023 | £101,295 | £100,000 | 8 MANCHESTER STREET |
10 Aug 2023 | £131,147 | £130,000 | 21 HEREFORD STREET |
24 Mar 2023 | £146,379 | £145,000 | 53 BRISTOL STREET |
16 Feb 2023 | £119,919 | £120,000 | 30 MANCHESTER STREET |
This house has a floor area of 68 sq meters or 741 sq feet when measured on 6 Apr 2011. Using an estimated price of £104,005 means this house is valued at £1,509 per sq meter (£140 per sq foot).
The average size of a house on HEREFORD STREET is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bristol Street |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Bristol Street |
Feb 2024 | Drugs | Under investigation | On or near Bristol Street |
Jan 2024 | Public order | Under investigation | On or near Bristol Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bristol Street |