£111,647
This estimated value is based upon the latest sale price for the house of £83,500 on 20 Apr 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£83,500 | 20 Apr 2016 |
£65,000 | 29 Oct 2010 |
£65,000 | 18 Mar 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 447 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 2016 the House Price Index for NEWPORT was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £83,500 results in an estimated price of approximately £111,647.
20 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 146.7 | 33.710 % | £83,500 | £28,147 | £111,647 |
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 | 55.900 % | £46,676 | £130,176 |
3 Month Average | 63.702 % | £53,191 | £136,691 |
6 Month Average | 38.446 % | £32,102 | £115,602 |
This house has a floor area of 41 sq meters or 447 sq feet when measured on 18 May 2010.
The average size of a house on ARIEL CLOSE is 45 sq meters (486 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ariel Close |
Mar 2024 | Anti-social behaviour | On or near Ariel Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ariel Close |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ariel Close |
Feb 2024 | Other crime | Under investigation | On or near Ariel Close |