£550,379
This estimated value is based upon the latest sale price for the house of £178,500 on 18 Jan 2002. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £178,500 | 18 Jan 2002 |
| £152,000 | 20 Aug 1999 |
| £140,000 | 18 Oct 1996 |
| 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 January 2002 the House Price Index for NEWPORT was 47.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 208.336%.Applying this 208.336% change to the original purchase price of £178,500 results in an estimated price of approximately £550,379.
| 18 Jan 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 146.7 | 208.336 % | £178,500 | £371,879 | £550,379 |
The Postcode Pricing Model uses changes in average sales price within the NP18 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 | 119.451 % | £213,219 | £391,719 |
| 3 Month Average | 173.384 % | £309,491 | £487,991 |
| 6 Month Average | 168.044 % | £299,958 | £478,458 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Old Chepstow Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Nurseries |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |