£138,916
This estimated value is based upon the latest sale price for the house of £130,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £130,000 | 18 Jun 2021 |
| £81,000 | 19 Dec 2019 |
| £68,000 | 30 Jun 2003 |
| £33,000 | 30 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for NEWPORT was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £130,000 results in an estimated price of approximately £138,916.
| 18 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £130,000 | £8,916 | £138,916 |
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 | -18.130 % | £-23,569 | £106,430 |
| 3 Month Average | 19.285 % | £25,070 | £155,070 |
| 6 Month Average | 11.637 % | £15,128 | £145,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £173,000 | £173,000 | 52 OAKLEY STREET |
| 29 Nov 2023 | £232,991 | £230,000 | 146 CROMWELL ROAD |
| 9 Jun 2023 | £116,948 | £116,000 | 62 DEWSTOW STREET |
| 6 Jun 2023 | £85,695 | £85,000 | 2 SLADE STREET |
| 31 Mar 2023 | £135,734 | £135,000 | 58 OAKLEY STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Mar 2020. Using an estimated price of £138,917 means this house is valued at £1,758 per sq meter (£163 per sq foot).
The average size of a house on SLADE STREET is 90 sq meters (968 sq feet).