£347,311
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Jun 2006. 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 Ridgeway Walk
More crime details
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| Price Paid | Date |
|---|---|
| £200,000 | 12 Jun 2006 |
| £124,950 | 11 Apr 2003 |
| £111,500 | 10 Apr 2003 |
| Semi-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 June 2006 the House Price Index for NEWPORT was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £200,000 results in an estimated price of approximately £347,311.
| 12 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £200,000 | £147,311 | £347,311 |
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 | 62.672 % | £125,344 | £325,344 |
| 3 Month Average | 69.669 % | £139,337 | £339,337 |
| 6 Month Average | 57.503 % | £115,006 | £315,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £174,527 | £173,000 | PLOT 4 RIDGEWAY CLOSE |
| 7 Jul 2023 | £326,900 | £322,500 | 14 RIDGEWAY CLOSE |
| 25 Apr 2023 | £252,721 | £250,000 | 7 RIDGEWAY AVENUE |
| 31 Mar 2023 | £171,617 | £170,000 | 1 RIDGEWAY PLACE |
| 1 Mar 2023 | £323,043 | £320,000 | 18 RIDGEWAY HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Ridgeway Walk |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ridgeway Walk |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Reach |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Reach |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ridgeway Park Road |