£387,245
This estimated value is based upon the latest sale price for the house of £227,500 on 26 Jul 2012. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £227,500 | 26 Jul 2012 |
| £132,950 | 15 Jul 2002 |
| £113,995 | 1 Jun 2001 |
| 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 July 2012 the House Price Index for NEWPORT was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £227,500 results in an estimated price of approximately £387,245.
| 26 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £227,500 | £159,745 | £387,245 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 99.850 % | £227,158 | £454,658 |
| 3 Month Average | 29.084 % | £66,165 | £293,665 |
| 6 Month Average | 40.389 % | £91,885 | £319,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £299,025 | £295,000 | 3 BUTTERCUP CLOSE |
| 7 Jul 2022 | £295,796 | £295,000 | 12 BLUEBELL WAY |
| 20 Jun 2022 | £344,874 | £340,000 | 5 BUTTERCUP CLOSE |
| 24 May 2022 | £353,664 | £347,000 | 1 CAMPANULA DRIVE |
| 27 Oct 2020 | £205,290 | £175,000 | 6 DELPHINIUM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Campanula Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Campanula Drive |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Gerbera Drive |
| Apr 2024 | Anti-social behaviour | On or near Gerbera Drive | |
| Mar 2024 | Other theft | Local resolution | On or near Gerbera Drive |