£229,323
This estimated value is based upon the latest sale price for the house of £182,995 on 5 Mar 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £182,995 | 5 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for NEWPORT was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £182,995 results in an estimated price of approximately £229,323.
| 5 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £182,995 | £46,328 | £229,323 |
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 | 12.154 % | £22,241 | £205,236 |
| 3 Month Average | 47.375 % | £86,693 | £269,688 |
| 6 Month Average | 48.420 % | £88,605 | £271,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £320,311 | £316,000 | 1 SWAN CRESCENT |
| 31 Mar 2023 | £247,330 | £245,000 | 62 LYSAGHT WAY |
| 10 Jun 2022 | £248,512 | £245,000 | 3 DOMINION COURT |
| 8 Nov 2021 | £248,748 | £230,000 | 12 REDSHANK WALK |
| 5 Nov 2021 | £227,118 | £210,000 | 51 LYSAGHT WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Oct 2017. Using an estimated price of £229,324 means this house is valued at £2,548 per sq meter (£236 per sq foot).
The average size of a house on REDSHANK WALK is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Dominion Court |
| Mar 2024 | Drugs | Under investigation | On or near Swan Crescent |
| Mar 2024 | Other crime | Under investigation | On or near Swan Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Swan Crescent |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Swan Crescent |