£269,427
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£215,000 | 29 Jun 2018 |
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 June 2018 the House Price Index for NEWPORT was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £215,000 results in an estimated price of approximately £269,427.
29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £215,000 | £54,427 | £269,427 |
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 | 20.621 % | £44,335 | £259,335 |
3 Month Average | 43.161 % | £92,795 | £307,795 |
6 Month Average | 38.714 % | £83,234 | £298,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £242,450 | £235,000 | 66 LYSAGHT WAY |
27 Nov 2023 | £215,469 | £210,000 | 72 LYSAGHT WAY |
24 Nov 2023 | £246,251 | £240,000 | 724 CORPORATION ROAD |
9 Nov 2023 | £241,121 | £235,000 | 708 CORPORATION ROAD |
4 Oct 2023 | £245,578 | £240,000 | 10 REDSHANK WALK |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 14 Jun 2018. Using an estimated price of £269,427 means this house is valued at £2,342 per sq meter (£217 per sq foot).
The average size of a house on REDSHANK WALK is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Swan Crescent |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Swan Crescent |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Swan Crescent |
Jul 2024 | Drugs | Awaiting court outcome | On or near Swan Crescent |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Swan Crescent |