£386,049
This estimated value is based upon the latest sale price for the house of £293,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £293,000 | 25 Nov 2016 |
| £273,000 | 8 Aug 2014 |
| 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 2016 the House Price Index for NEWPORT was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £293,000 results in an estimated price of approximately £386,049.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £293,000 | £93,049 | £386,049 |
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 | 32.762 % | £95,993 | £388,993 |
| 3 Month Average | 65.104 % | £190,756 | £483,756 |
| 6 Month Average | 53.114 % | £155,622 | £448,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £309,583 | £305,000 | 21 MERLIN CRESCENT |
| 18 Aug 2023 | £243,127 | £241,000 | 74 ST JULIANS ROAD |
| 11 Aug 2023 | £291,551 | £289,000 | 76 ST JULIANS ROAD |
| 19 Jul 2023 | £285,847 | £282,000 | 13 HERTFORD PLACE |
| 28 Jun 2023 | £273,260 | £269,950 | 34 MERLIN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hertford Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Merlin Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Radnor Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radnor Road |
| Jan 2024 | Anti-social behaviour | On or near Radnor Road |