£171,125
This estimated value is based upon the latest sale price for the house of £112,000 on 24 Jul 2014. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £112,000 | 24 Jul 2014 |
| £81,500 | 27 Sep 2013 |
| £58,000 | 8 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2014 the House Price Index for NEWPORT was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £112,000 results in an estimated price of approximately £171,125.
| 24 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £112,000 | £59,125 | £171,125 |
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 | 107.656 % | £120,575 | £232,575 |
| 3 Month Average | 48.897 % | £54,764 | £166,764 |
| 6 Month Average | 45.633 % | £51,108 | £163,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £131,147 | £130,000 | FLAT 2 30 BRYNGWYN ROAD |
| 12 Jun 2023 | £263,188 | £260,000 | 33A FIELDS ROAD |
| 17 Feb 2023 | £449,697 | £450,000 | 28 LLANTHEWY ROAD |
| 27 Jan 2023 | £403,101 | £405,000 | 16 OAKFIELD ROAD |
| 27 Jan 2023 | £846,015 | £850,000 | 25 OAKFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Feb 2013. Using an estimated price of £171,125 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on OAKFIELD ROAD is 175 sq meters (1,884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Westfield Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parkfield Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |