£425,133
This estimated value is based upon the latest sale price for the house of £327,995 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£327,995 | 31 Mar 2017 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 2017 the House Price Index for NEWPORT was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £327,995 results in an estimated price of approximately £425,133.
31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £327,995 | £97,138 | £425,133 |
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 | 25.493 % | £83,617 | £411,612 |
3 Month Average | 44.740 % | £146,744 | £474,739 |
6 Month Average | 49.117 % | £161,100 | £489,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £327,868 | £325,000 | 56 SPENCER WAY |
18 Aug 2023 | £302,648 | £300,000 | 84 SPENCER WAY |
18 Aug 2023 | £403,530 | £400,000 | 9 LYDNEY WALK |
28 Jul 2023 | £248,342 | £245,000 | 104 SPENCER WAY |
7 Jul 2023 | £339,570 | £335,000 | 92 SPENCER WAY |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 5 Oct 2016. Using an estimated price of £425,134 means this house is valued at £3,103 per sq meter (£288 per sq foot).
The average size of a house on LYDNEY WALK is 143 sq meters (1,541 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Spencer Way | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spencer Way |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Spencer Way |
Feb 2024 | Anti-social behaviour | On or near Spencer Way | |
Feb 2024 | Anti-social behaviour | On or near Spencer Way |