£127,180
This estimated value is based upon the latest sale price for the house of £123,500 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£123,500 | 14 Apr 2022 |
£95,000 | 1 Jun 2018 |
£72,500 | 16 Oct 2009 |
£13,200 | 11 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 April 2022 the House Price Index for NEWPORT was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £123,500 results in an estimated price of approximately £127,180.
14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £123,500 | £3,680 | £127,180 |
The Postcode Pricing Model uses changes in average sales price within the NP18 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 | 198.841 % | £245,568 | £369,068 |
3 Month Average | 29.897 % | £36,923 | £160,423 |
6 Month Average | 10.404 % | £12,849 | £136,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2022 | £165,989 | £168,000 | 18 GEORGE LANSBURY DRIVE |
5 Aug 2022 | £369,007 | £370,000 | 34 THE COLDRA |
18 Jul 2022 | £220,594 | £220,000 | 25 TREBERTH AVENUE |
14 Apr 2022 | £127,180 | £123,500 | 62 ROYAL OAK DRIVE |
11 Jan 2022 | £299,936 | £285,000 | 8 FENNER BROCKWAY CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 22 Feb 2018. Using an estimated price of £127,180 means this house is valued at £2,018 per sq meter (£187 per sq foot).
The average size of a house on ROYAL OAK DRIVE is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Royal Oak Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Oak Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Oak Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Oak Drive |