£776,927
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Jun 2001. This value is then adjusted by the current Official House Price Index for GWENT 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Jun 2001 |
| £155,500 | 26 May 1998 |
| £127,500 | 10 Mar 1995 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for GWENT to estimate the market value.
When this house was purchased in June 2001 the House Price Index for GWENT was 43.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 237.795%.Applying this 237.795% change to the original purchase price of £230,000 results in an estimated price of approximately £776,927.
| 29 Jun 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.0 | 237.795 % | £230,000 | £546,927 | £776,927 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | 107.436 % | £247,102 | £477,102 |
| 3 Month Average | 223.948 % | £515,080 | £745,080 |
| 6 Month Average | 218.919 % | £503,513 | £733,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £597,673 | £590,000 | ORCHARD END NEWPORT ROAD |
| 8 Jun 2022 | £393,993 | £390,000 | 26 BEECH GROVE |
| 28 Feb 2022 | £443,896 | £425,000 | 39 MOUNTON DRIVE |
| 12 Nov 2021 | £807,860 | £750,000 | 4 BEECH GROVE |
| 10 Nov 2021 | £387,773 | £360,000 | 9 NEWPORT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Drugs | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Petrol Station |