£181,421
This estimated value is based upon the latest sale price for the house of £151,750 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £151,750 | 30 Jun 2020 |
| £100,000 | 19 Dec 2014 |
| £100,000 | 19 Dec 2014 |
| £105,000 | 26 Jun 2009 |
| £48,500 | 24 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
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 June 2020 the House Price Index for NEWPORT was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £151,750 results in an estimated price of approximately £181,421.
| 30 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £151,750 | £29,671 | £181,421 |
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 | 77.676 % | £117,873 | £269,623 |
| 3 Month Average | 47.553 % | £72,161 | £223,911 |
| 6 Month Average | 20.862 % | £31,658 | £183,408 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Jun 2019.
The average size of a house on GAER PARK LANE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bassaleg Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bassaleg Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bassaleg Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaer Park Hill |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Castle Park Close |