£120,213
This estimated value is based upon the latest sale price for the house of £93,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £93,000 | 28 Apr 2017 |
| £92,500 | 28 Apr 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 April 2017 the House Price Index for NEWPORT was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £93,000 results in an estimated price of approximately £120,213.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £93,000 | £27,213 | £120,213 |
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 | 47.494 % | £44,169 | £137,169 |
| 3 Month Average | 55.458 % | £51,575 | £144,575 |
| 6 Month Average | 49.037 % | £45,604 | £138,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £166,456 | £165,000 | 15 REDVERS STREET |
| 14 Jun 2023 | £167,023 | £165,000 | 31 LOFTUS AVENUE |
| 9 Jun 2023 | £197,391 | £195,000 | 24 LOFTUS AVENUE |
| 23 Jan 2023 | £268,734 | £270,000 | 14 LOFTUS AVENUE |
| 20 Jan 2023 | £273,711 | £275,000 | 41 LOFTUS AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 Mar 2017. Using an estimated price of £120,214 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on LOFTUS AVENUE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Loftus Grove |
| Mar 2024 | Public order | Under investigation | On or near Loftus Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Loftus Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Loftus Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Loftus Avenue |