£261,344
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Morden Lane
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| Price Paid | Date |
|---|---|
| £210,000 | 25 Jan 2019 |
| £157,000 | 15 Jul 2005 |
| £127,000 | 18 Sep 2003 |
| Freehold |
| Floor Area: 131 sq meters or 1,417 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 January 2019 the House Price Index for NEWPORT was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £210,000 results in an estimated price of approximately £261,344.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £210,000 | £51,344 | £261,344 |
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 | 14.974 % | £31,445 | £241,445 |
| 3 Month Average | 32.164 % | £67,543 | £277,543 |
| 6 Month Average | 25.523 % | £53,597 | £263,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £285,000 | £285,000 | 140 CAERLEON ROAD |
| 13 May 2024 | £187,500 | £187,500 | 28 DURHAM ROAD |
| 15 Dec 2023 | £165,072 | £160,000 | 7 ANNESLEY ROAD |
| 4 Dec 2023 | £196,023 | £190,000 | 76 DUCKPOOL ROAD |
| 12 Oct 2023 | £178,555 | £174,500 | 85 DUCKPOOL ROAD |
This house has a floor area of 131 sq meters or 1,417 sq feet when measured on 19 May 2009. Using an estimated price of £261,345 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on CAERLEON ROAD is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Morden Lane |
| Jul 2024 | Anti-social behaviour | On or near Morden Lane | |
| Jun 2024 | Anti-social behaviour | On or near Morden Lane | |
| Jun 2024 | Anti-social behaviour | On or near Morden Lane | |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Morden Lane |