£317,050
This estimated value is based upon the latest sale price for the house of £291,000 on 23 Nov 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £291,000 | 23 Nov 2021 |
| £122,500 | 2 Aug 2002 |
| £57,995 | 29 Nov 1996 |
| Semi-Detached |
| Freehold |
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 November 2021 the House Price Index for NEWPORT was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £291,000 results in an estimated price of approximately £317,050.
| 23 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £291,000 | £26,050 | £317,050 |
The Postcode Pricing Model uses changes in average sales price within the NP18 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 | -32.189 % | £-93,669 | £197,330 |
| 3 Month Average | -2.124 % | £-6,180 | £284,819 |
| 6 Month Average | 32.050 % | £93,266 | £384,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £168,835 | £165,000 | 21 ELDER CLOSE |
| 16 Oct 2023 | £266,042 | £260,000 | 11 HOME FARM GREEN |
| 21 Aug 2023 | £280,051 | £275,000 | 6 ROMAN REACH |
| 30 Jun 2023 | £264,297 | £259,000 | 43 HOME FARM CRESCENT |
| 7 Jun 2023 | £263,276 | £258,000 | 18 HOME FARM GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Home Farm Close |
| Jun 2024 | Anti-social behaviour | On or near Home Farm Crescent | |
| Jun 2024 | Anti-social behaviour | On or near Home Farm Crescent | |
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Plane Tree Close |
| Jul 2024 | Public order | Under investigation | On or near Hazel Walk |