£155,150
This estimated value is based upon the latest sale price for the house of £135,000 on 26 Jul 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£135,000 | 26 Jul 2021 |
£156,000 | 3 Aug 2017 |
£340,000 | 22 Sep 2006 |
£150,000 | 24 Sep 1997 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 July 2021 the House Price Index for NEWPORT was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £135,000 results in an estimated price of approximately £155,150.
26 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £135,000 | £20,150 | £155,150 |
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 | -4.473 % | £-6,038 | £128,961 |
3 Month Average | 11.616 % | £15,681 | £150,681 |
6 Month Average | 12.833 % | £17,324 | £152,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £162,072 | £160,000 | 6 GAINSBOROUGH DRIVE |
14 Jul 2023 | £190,058 | £187,500 | 66 WORCESTER CRESCENT |
28 Apr 2023 | £141,524 | £140,000 | 13 GAINSBOROUGH DRIVE |
26 Apr 2023 | £109,176 | £108,000 | 573 CAERLEON ROAD |
25 Mar 2022 | £196,890 | £190,000 | 47 GAINSBOROUGH DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Apr 2017. Using an estimated price of £155,151 means this house is valued at £1,743 per sq meter (£161 per sq foot).
The average size of a house on CAERLEON ROAD is 108 sq meters (1,166 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Caerleon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Caerleon Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Caerleon Road |
Jan 2024 | Anti-social behaviour | On or near Caerleon Road | |
Jan 2024 | Anti-social behaviour | On or near Caerleon Road |