£157,320
This estimated value is based upon the latest sale price for the house of £50,000 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £50,000 | 4 Jan 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 January 2002 the House Price Index for NEWPORT was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £50,000 results in an estimated price of approximately £157,320.
| 4 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £50,000 | £107,320 | £157,320 |
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 | 215.344 % | £107,671 | £157,671 |
| 3 Month Average | 166.769 % | £83,384 | £133,384 |
| 6 Month Average | 157.396 % | £78,697 | £128,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £402,294 | £398,800 | 6 BRONLLYS GROVE |
| 18 Dec 2023 | £505,534 | £490,000 | OUTFALL COTTAGE OUTFALL LANE |
| 25 Oct 2023 | £291,623 | £285,000 | LIGHTHOUSE INN BEACH ROAD |
| 11 Aug 2023 | £272,413 | £267,500 | 17 BRONLLYS GROVE |
| 4 Aug 2023 | £149,700 | £147,000 | 2 PENNARD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Neville Park |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neville Park |
| May 2024 | Criminal damage and arson | Under investigation | On or near Neville Park |
| Jul 2024 | Anti-social behaviour | On or near Church Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Church Road |