£213,708
This estimated value is based upon the latest sale price for the house of £38,000 on 6 Oct 1995. This value is then adjusted by the current Official House Price Index for GWENT 1
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| Price Paid | Date |
|---|---|
| £38,000 | 6 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for GWENT to estimate the market value.
When this house was purchased in October 1995 the House Price Index for GWENT was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 462.390%.Applying this 462.390% change to the original purchase price of £38,000 results in an estimated price of approximately £213,708.
| 6 Oct 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 462.390 % | £38,000 | £175,708 | £213,708 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | 193.446 % | £73,509 | £111,509 |
| 3 Month Average | 403.216 % | £153,222 | £191,222 |
| 6 Month Average | 379.942 % | £144,378 | £182,378 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Nov 2013.
The average size of a house on DERWEN WAY is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Derwen Way |
| Mar 2024 | Anti-social behaviour | On or near Derwen Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwen Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwen Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwen Way |