£241,364
This estimated value is based upon the latest sale price for the house of £204,240 on 21 Oct 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Pencoed Lane
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £204,240 | 21 Oct 2020 |
| 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 October 2020 the House Price Index for NEWPORT was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £204,240 results in an estimated price of approximately £241,364.
| 21 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £204,240 | £37,124 | £241,364 |
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 | 5.632 % | £11,502 | £215,742 |
| 3 Month Average | 20.583 % | £42,038 | £246,278 |
| 6 Month Average | 20.663 % | £42,202 | £246,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £462,203 | £448,000 | MERLDON BUNGALOW |
| 25 Jan 2023 | £531,420 | £530,000 | CAPEL-Y-FFYNN GREENFIELDS VIEW |
| 18 Jan 2023 | £696,862 | £695,000 | COTLEIGH HOUSE |
| 13 May 2022 | £544,177 | £530,000 | MELROSE PENCOED LANE |
| 15 Nov 2021 | £522,969 | £480,000 | THE OLD SMITHY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Pencoed Lane |
| Jun 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Holly Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Lane |