£162,334
This estimated value is based upon the latest sale price for the house of £130,500 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £130,500 | 29 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for NEWPORT was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £130,500 results in an estimated price of approximately £162,334.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £130,500 | £31,834 | £162,334 |
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 | 3.763 % | £4,910 | £135,410 |
| 3 Month Average | 36.690 % | £47,880 | £178,380 |
| 6 Month Average | 36.589 % | £47,748 | £178,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £152,671 | £150,000 | 10 HOWARD CLOSE |
| 29 Nov 2023 | £142,104 | £140,000 | 4 HAWKE CLOSE |
| 28 Sep 2023 | £185,370 | £183,000 | 8 HAWKE CLOSE |
| 11 Sep 2023 | £151,943 | £150,000 | 55 NELSON DRIVE |
| 31 Aug 2023 | £156,368 | £155,000 | 18 HOWARD CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Feb 2018. Using an estimated price of £162,334 means this house is valued at £2,081 per sq meter (£193 per sq foot).
The average size of a house on JERVIS WALK is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howard Close |
| Feb 2024 | Other crime | Under investigation | On or near Howard Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Howard Close |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Howard Close |
| Jan 2024 | Anti-social behaviour | On or near Howard Close |