£585,648
This estimated value is based upon the latest sale price for the house of £470,000 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £470,000 | 30 Aug 2018 |
| £375,000 | 8 Jun 2015 |
| 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 2018 the House Price Index for NEWPORT was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £470,000 results in an estimated price of approximately £585,648.
| 30 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £470,000 | £115,648 | £585,648 |
The Postcode Pricing Model uses changes in average sales price within the CF3 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 | 26.159 % | £122,946 | £592,946 |
| 3 Month Average | 12.438 % | £58,457 | £528,457 |
| 6 Month Average | 18.852 % | £88,606 | £558,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £521,010 | £505,000 | 16 TYNEWYDD DRIVE |
| 8 Dec 2023 | £567,436 | £550,000 | 12 CRAIG-YR-HAUL DRIVE |
| 8 Dec 2023 | £621,601 | £602,500 | 15 WENTLOOG RISE |
| 4 Oct 2023 | £592,456 | £579,000 | 1 WENTLOOG RISE |
| 17 Feb 2023 | £392,623 | £390,000 | PENTIRE NEWPORT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Wentloog Rise |
| Jun 2024 | Other crime | Under investigation | On or near Mill Lane |
| Jul 2024 | Other crime | Awaiting court outcome | On or near Walk Farm Drive |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Walk Farm Drive |
| Jul 2024 | Other theft | Under investigation | On or near Walk Farm Drive |