£151,498
This estimated value is based upon the latest sale price for the house of £106,000 on 20 Aug 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£106,000 | 20 Aug 2015 |
£97,500 | 12 Sep 2003 |
£65,000 | 7 Feb 2003 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 August 2015 the House Price Index for NEWPORT was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £106,000 results in an estimated price of approximately £151,498.
20 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £106,000 | £45,498 | £151,498 |
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 | 86.213 % | £91,386 | £197,386 |
3 Month Average | 62.876 % | £66,648 | £172,648 |
6 Month Average | 48.475 % | £51,383 | £157,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £111,425 | £110,000 | 135 SHAKESPEARE CRESCENT |
27 Apr 2023 | £247,667 | £245,000 | 45 GAER PARK AVENUE |
10 Mar 2023 | £136,284 | £135,000 | 33 GAER PARK AVENUE |
7 Sep 2022 | £188,478 | £190,000 | 59 GAER PARK ROAD |
22 Aug 2022 | £199,463 | £200,000 | 42 GAER PARK DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Jun 2015. Using an estimated price of £151,498 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on GAER PARK DRIVE is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaer Park Hill |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaer Park Drive |
Mar 2024 | Shoplifting | Under investigation | On or near Highfield Road |
Mar 2024 | Other crime | Under investigation | On or near Highfield Road |
Mar 2024 | Shoplifting | Under investigation | On or near Highfield Road |