£156,646
This estimated value is based upon the latest sale price for the house of £125,000 on 8 Mar 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £125,000 | 8 Mar 2018 |
| £87,000 | 11 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2018 the House Price Index for NEWPORT was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £125,000 results in an estimated price of approximately £156,646.
| 8 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £125,000 | £31,646 | £156,646 |
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 | 40.322 % | £50,401 | £175,401 |
| 3 Month Average | 42.642 % | £53,303 | £178,303 |
| 6 Month Average | 24.974 % | £31,217 | £156,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £147,582 | £145,000 | 39 GOODRICH CRESCENT |
| 6 Jul 2023 | £141,910 | £140,000 | 62 WALFORD STREET |
| 4 Apr 2023 | £169,829 | £168,000 | 68 MALPAS ROAD |
| 10 Mar 2023 | £166,569 | £165,000 | 51 GOODRICH CRESCENT |
| 28 Oct 2022 | £180,061 | £182,000 | 81 GOODRICH CRESCENT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 May 2016. Using an estimated price of £156,646 means this house is valued at £2,008 per sq meter (£186 per sq foot).
The average size of a house on GOODRICH CRESCENT is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ross Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ross Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Goodrich Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrack Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrack Hill |