£593,234
This estimated value is based upon the latest sale price for the house of £114,000 on 23 May 1997. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £114,000 | 23 May 1997 |
| 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 May 1997 the House Price Index for NEWPORT was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £114,000 results in an estimated price of approximately £593,234.
| 23 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £114,000 | £479,234 | £593,234 |
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 | 349.479 % | £398,406 | £512,406 |
| 3 Month Average | 355.318 % | £405,062 | £519,062 |
| 6 Month Average | 308.037 % | £351,162 | £465,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £244,575 | £240,000 | 66 RISCA ROAD |
| 28 Feb 2023 | £281,883 | £280,000 | 19 MULBERRY CLOSE |
| 6 Jan 2023 | £551,474 | £550,000 | 6 CORNFLOWER CLOSE |
| 28 Oct 2022 | £289,035 | £290,000 | 4A PONTYMASON LANE |
| 14 Jan 2022 | £280,953 | £265,000 | 35 THORNHILL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | On or near Rogerstone (Station) | |
| May 2024 | Public order | On or near Rogerstone (Station) | |
| May 2024 | Public order | On or near Rogerstone (Station) | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Thornhill Way |
| Jul 2024 | Public order | Under investigation | On or near Thornhill Way |