£505,484
This estimated value is based upon the latest sale price for the house of £126,000 on 28 Jan 2000. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £126,000 | 28 Jan 2000 |
| 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 January 2000 the House Price Index for NEWPORT was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £126,000 results in an estimated price of approximately £505,484.
| 28 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 149.7 | 301.178 % | £126,000 | £379,484 | £505,484 |
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 | 250.563 % | £315,709 | £441,709 |
| 3 Month Average | 195.040 % | £245,750 | £371,750 |
| 6 Month Average | 196.585 % | £247,697 | £373,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £281,391 | £275,000 | 12 ROBERTS CLOSE |
| 8 Sep 2023 | £521,496 | £510,000 | 14 WOOD CRESCENT |
| 4 Aug 2023 | £549,918 | £540,000 | 19 ACORN CLOSE |
| 19 Jan 2023 | £491,313 | £490,000 | 2 WOOD CLOSE |
| 11 Oct 2022 | £612,953 | £615,000 | 12 WOOD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Wood Close | |
| Jun 2024 | Anti-social behaviour | On or near Wood Close | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Acorn Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bentley Close |
| Jul 2024 | Public order | Under investigation | On or near Waterside Close |