£623,757
This estimated value is based upon the latest sale price for the house of £320,000 on 9 Jul 2004. This value is then adjusted by the current Official House Price Index for NEWPORT 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £320,000 | 9 Jul 2004 |
| £292,050 | 30 Jan 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 July 2004 the House Price Index for NEWPORT was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £320,000 results in an estimated price of approximately £623,757.
| 9 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £320,000 | £303,757 | £623,757 |
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 | 96.348 % | £308,312 | £628,312 |
| 3 Month Average | 31.230 % | £99,935 | £419,935 |
| 6 Month Average | 53.888 % | £172,441 | £492,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £145,865 | £144,000 | 3 LAUREL DRIVE |
| 2 Jun 2023 | £450,456 | £445,000 | 2 BIRCH TREES |
| 14 Apr 2023 | £141,524 | £140,000 | 22 RUPERRA CLOSE |
| 12 Apr 2023 | £151,633 | £150,000 | THE OLD STABLES 4 CAERPHILLY ROAD |
| 17 Jan 2023 | £497,656 | £500,000 | 13 CAERPHILLY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Farriers Gate | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Farriers Gate |
| Mar 2024 | Drugs | Under investigation | On or near Farriers Gate |
| Mar 2024 | Drugs | Local resolution | On or near Farriers Gate |
| Mar 2024 | Public order | Under investigation | On or near Farriers Gate |