£284,402
This estimated value is based upon the latest sale price for the house of £165,000 on 9 Dec 2011. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£165,000 | 9 Dec 2011 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 923 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 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 72.365%.Applying this 72.365% change to the original purchase price of £165,000 results in an estimated price of approximately £284,402.
9 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £165,000 | £119,402 | £284,402 |
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 | 63.693 % | £105,093 | £270,093 |
3 Month Average | 77.084 % | £127,188 | £292,188 |
6 Month Average | 62.462 % | £103,062 | £268,062 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £174,527 | £173,000 | PLOT 4 RIDGEWAY CLOSE |
7 Jul 2023 | £326,900 | £322,500 | 14 RIDGEWAY CLOSE |
31 Mar 2023 | £171,617 | £170,000 | 1 RIDGEWAY PLACE |
17 Aug 2022 | £269,275 | £270,000 | 12 RIDGEWAY PLACE |
24 Jun 2022 | £334,730 | £330,000 | 9 RIDGEWAY DRIVE |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 12 Aug 2011. Using an estimated price of £284,402 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on RIDGEWAY PARK ROAD is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ridgeway Park Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ridgeway Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ridgeway Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway View |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway View |