£291,201
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£185,000 | 28 Mar 2014 |
£152,500 | 4 Nov 2005 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2014 the House Price Index for NEWPORT was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £185,000 results in an estimated price of approximately £291,201.
28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £185,000 | £106,201 | £291,201 |
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 | 71.725 % | £132,691 | £317,691 |
3 Month Average | 74.889 % | £138,543 | £323,543 |
6 Month Average | 55.798 % | £103,226 | £288,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £340,352 | £336,000 | 26 BURNFORT ROAD |
6 Apr 2023 | £343,701 | £340,000 | 23 MELFORT ROAD |
24 Feb 2023 | £127,914 | £128,000 | 117 SHAKESPEARE CRESCENT |
29 Jun 2022 | £304,300 | £300,000 | 109 BASSALEG ROAD |
3 Mar 2022 | £269,428 | £260,000 | 10 HIGHFIELD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Nov 2012. Using an estimated price of £291,202 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on BURNFORT ROAD is 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnfort Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Gardens |
Mar 2024 | Anti-social behaviour | On or near Melfort Gardens | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Gardens |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Melfort Gardens |