£735,913
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Aug 1997. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £145,000 | 15 Aug 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 August 1997 the House Price Index for NEWPORT was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £145,000 results in an estimated price of approximately £735,913.
| 15 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £145,000 | £590,913 | £735,913 |
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 | 314.973 % | £456,710 | £601,710 |
| 3 Month Average | 319.611 % | £463,436 | £608,436 |
| 6 Month Average | 336.618 % | £488,096 | £633,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £237,291 | £230,000 | 52 COLLEGE GLADE |
| 10 Oct 2023 | £383,715 | £375,000 | 6 OWEN CLOSE |
| 6 Oct 2023 | £404,180 | £395,000 | 9 OWEN CLOSE |
| 16 Jun 2023 | £145,414 | £142,500 | 2 EASTFIELD MEWS |
| 25 Jan 2023 | £370,991 | £370,000 | ROMAN HOUSE PONTHIR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near B4236 |
| May 2024 | Anti-social behaviour | On or near B4236 | |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near B4236 |
| May 2024 | Anti-social behaviour | On or near B4236 | |
| May 2024 | Anti-social behaviour | On or near B4236 |