£393,355
This estimated value is based upon the latest sale price for the house of £350,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £350,000 | 27 Aug 2021 |
| £257,500 | 22 Sep 2017 |
| £219,950 | 1 Jun 2007 |
| 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 August 2021 the House Price Index for NEWPORT was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £350,000 results in an estimated price of approximately £393,355.
| 27 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £350,000 | £43,355 | £393,355 |
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 | 39.730 % | £139,054 | £489,054 |
| 3 Month Average | 36.104 % | £126,364 | £476,364 |
| 6 Month Average | 27.094 % | £94,829 | £444,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £289,840 | £285,000 | 3 BRAMLEY CLOSE |
| 5 Aug 2022 | £226,057 | £225,000 | 33 PARK END |
| 21 Apr 2022 | £440,904 | £425,000 | 15 ROSECROFT DRIVE |
| 14 Mar 2022 | £260,983 | £250,000 | 35 PARK END |
| 4 Feb 2022 | £501,817 | £475,000 | 16 ROSECROFT DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spartan Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Nurseries |
| May 2024 | Drugs | Local resolution | On or near Langstone Court Road |