£118,222
This estimated value is based upon the latest sale price for the house of £81,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £81,000 | 15 May 2015 |
| £36,950 | 23 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 May 2015 the House Price Index for NEWPORT was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £81,000 results in an estimated price of approximately £118,222.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £81,000 | £37,222 | £118,222 |
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 | 48.211 % | £39,050 | £120,050 |
| 3 Month Average | 63.798 % | £51,676 | £132,676 |
| 6 Month Average | 46.715 % | £37,838 | £118,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £314,658 | £310,000 | 96 MELFORT ROAD |
| 27 Sep 2023 | £316,547 | £312,500 | 106 MELFORT ROAD |
| 30 Jun 2023 | £126,533 | £125,000 | 37 BYRON ROAD |
| 31 Mar 2023 | £323,043 | £320,000 | 114 MELFORT ROAD |
| 14 Nov 2022 | £271,709 | £275,000 | 116 MELFORT ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Mar 2015. Using an estimated price of £118,223 means this house is valued at £1,285 per sq meter (£119 per sq foot).
The average size of a house on BYRON ROAD is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cae Perllan Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Pastures |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near New Pastures |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melfort Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |