£543,477
This estimated value is based upon the latest sale price for the house of £280,000 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £280,000 | 20 Aug 2004 |
| 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 2004 the House Price Index for NEWPORT was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £280,000 results in an estimated price of approximately £543,477.
| 20 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £280,000 | £263,477 | £543,477 |
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 | 47.883 % | £134,073 | £414,073 |
| 3 Month Average | 49.397 % | £138,312 | £418,312 |
| 6 Month Average | 49.931 % | £139,805 | £419,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £305,000 | £305,000 | 12 OAKLANDS PARK DRIVE |
| 28 Mar 2024 | £294,525 | £290,000 | 31 OAKLANDS PARK DRIVE |
| 24 Nov 2023 | £395,027 | £385,000 | 29 HARLECH DRIVE |
| 17 Nov 2023 | £359,116 | £350,000 | 4 CAERNARVON DRIVE |
| 13 Oct 2023 | £255,810 | £250,000 | 15 OAKLANDS PARK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harlech Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harlech Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beaumaris Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clearwell Court |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Clearwell Court |