£167,123
This estimated value is based upon the latest sale price for the house of £140,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£140,000 | 31 Jul 2020 |
£24,950 | 29 Dec 1995 |
Terraced |
Leasehold |
Floor Area: 106 sq meters or 1,140 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 July 2020 the House Price Index for NEWPORT was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £140,000 results in an estimated price of approximately £167,123.
31 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 146.7 | 19.374 % | £140,000 | £27,123 | £167,123 |
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 | -1.578 % | £-2,209 | £137,790 |
3 Month Average | 17.419 % | £24,387 | £164,387 |
6 Month Average | 21.359 % | £29,902 | £169,902 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 27 Nov 2019.
The average size of a house on MALPAS ROAD is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Public order | Unable to prosecute suspect | On or near Jewell Lane |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Jewell Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Malpas Lane |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Goodrich Crescent |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pant Road |