£141,288
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Dec 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £115,000 | 11 Dec 2018 |
| 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 December 2018 the House Price Index for NEWPORT was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £115,000 results in an estimated price of approximately £141,288.
| 11 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £115,000 | £26,288 | £141,288 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | -16.139 % | £-18,560 | £96,439 |
| 3 Month Average | 9.769 % | £11,233 | £126,233 |
| 6 Month Average | 28.478 % | £32,749 | £147,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £128,000 | £128,000 | 97 DOLPHIN STREET |
| 25 Aug 2023 | £182,862 | £181,750 | 5 CAPEL CLOSE |
| 11 Aug 2023 | £150,918 | £150,000 | 159 COMMERCIAL ROAD |
| 7 Feb 2023 | £228,917 | £230,000 | 89 COMMERCIAL ROAD |
| 1 Feb 2023 | £169,200 | £170,000 | 4A TEMPLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albion Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albion Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albion Close |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Albion Close |