£314,482
This estimated value is based upon the latest sale price for the house of £235,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£235,000 | 2 Sep 2016 |
£200,000 | 16 Sep 2010 |
£198,950 | 30 Jun 2005 |
£208,000 | 27 May 2005 |
£125,000 | 28 Mar 2002 |
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 September 2016 the House Price Index for NEWPORT was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £235,000 results in an estimated price of approximately £314,482.
2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £235,000 | £79,482 | £314,482 |
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 | 61.556 % | £144,657 | £379,657 |
3 Month Average | 49.908 % | £117,282 | £352,282 |
6 Month Average | 36.316 % | £85,341 | £320,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £405,288 | £395,000 | 18 OAK TREE DRIVE |
4 Sep 2023 | £219,846 | £215,000 | 84 CEDAR WOOD DRIVE |
26 Aug 2022 | £361,691 | £360,000 | 3 CEDAR WOOD CLOSE |
13 May 2022 | £286,463 | £279,000 | 7 CEDAR WOOD DRIVE |
1 Apr 2022 | £370,878 | £357,500 | 2 CEDAR WOOD DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Oak Tree Drive |
Jul 2024 | Burglary | Under investigation | On or near Risca Road |
Jun 2024 | Anti-social behaviour | On or near Risca Road |