£355,160
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Feb 2008. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Feb 2008 |
| £220,000 | 12 Oct 2007 |
| £168,000 | 9 Dec 2003 |
| £97,995 | 30 Sep 1999 |
| 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 February 2008 the House Price Index for NEWPORT was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £225,000 results in an estimated price of approximately £355,160.
| 14 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £225,000 | £130,160 | £355,160 |
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 | 25.203 % | £56,706 | £281,706 |
| 3 Month Average | 43.750 % | £98,437 | £323,437 |
| 6 Month Average | 40.058 % | £90,129 | £315,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £565,000 | £565,000 | 4 PRIORY DRIVE |
| 18 Dec 2023 | £392,047 | £380,000 | 23 PRIORY GARDENS |
| 30 Nov 2023 | £477,111 | £465,000 | 41 PRIORY WAY |
| 19 Sep 2023 | £613,525 | £600,000 | 29 PRIORY GARDENS |
| 9 Aug 2023 | £549,918 | £540,000 | 3 PRIORY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Priory Way |
| Apr 2024 | Other crime | Under investigation | On or near Priory Crescent |
| May 2024 | Violence and sexual offences | Under investigation | On or near Priory View |
| Apr 2024 | Anti-social behaviour | On or near Priory View | |
| Apr 2024 | Anti-social behaviour | On or near Priory View |