£524,673
This estimated value is based upon the latest sale price for the house of £427,000 on 3 Jan 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £427,000 | 3 Jan 2020 |
| £185,000 | 26 May 2000 |
| 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 January 2020 the House Price Index for NEWPORT was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £427,000 results in an estimated price of approximately £524,673.
| 3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £427,000 | £97,673 | £524,673 |
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 | -8.280 % | £-35,353 | £391,646 |
| 3 Month Average | 26.564 % | £113,428 | £540,428 |
| 6 Month Average | 26.891 % | £114,825 | £541,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2022 | £606,892 | £585,000 | 6 SHEPHERD DRIVE |
| 28 Jan 2022 | £674,286 | £636,000 | 30 TREGARN CLOSE |
| 15 Oct 2021 | £518,321 | £465,000 | BERRYDOWN CHEPSTOW ROAD |
| 21 Jun 2021 | £540,433 | £500,000 | 12 MILLER CLOSE |
| 26 Jun 2020 | £933,284 | £765,000 | TREGARN FARM MAGOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Shepherd Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherd Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Tregarn Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ford Farm Lane |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Ford Farm Lane |