£598,358
This estimated value is based upon the latest sale price for the house of £370,000 on 23 Jun 2008. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£370,000 | 23 Jun 2008 |
Detached |
Freehold |
Floor Area: 187 sq meters or 2,012 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 2008 the House Price Index for NEWPORT was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £370,000 results in an estimated price of approximately £598,358.
23 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.719 % | £370,000 | £228,358 | £598,358 |
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 | 65.221 % | £241,317 | £611,317 |
3 Month Average | 81.582 % | £301,852 | £671,852 |
6 Month Average | 61.442 % | £227,336 | £597,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £314,658 | £310,000 | 20 BROADLEAF WAY |
20 Sep 2023 | £319,080 | £315,000 | 8 THE MEWS |
28 Nov 2022 | £568,118 | £575,000 | 55 FIELDS PARK ROAD |
12 Oct 2022 | £455,100 | £460,000 | 45 FIELDS PARK AVENUE |
10 Aug 2022 | £499,655 | £501,000 | 12 EDWARD VII AVENUE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 14 Jan 2014. Using an estimated price of £598,359 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on FIELDS PARK ROAD is 180 sq meters (1,943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Fields Park Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Reach |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Reach |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Westville Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Ridgeway Walk |