£1,400,209
This estimated value is based upon the latest sale price for the house of £1,320,705 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £1,320,705 | 14 Jan 2022 |
| £785,460 | 14 Oct 2016 |
| £262,500 | 3 Apr 1995 |
| 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 2022 the House Price Index for NEWPORT was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £1,320,705 results in an estimated price of approximately £1,400,209.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £1,320,705 | £79,504 | £1,400,209 |
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 | -56.950 % | £-752,138 | £568,566 |
| 3 Month Average | -11.738 % | £-155,018 | £1,165,686 |
| 6 Month Average | -3.748 % | £-49,502 | £1,271,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £184,688 | £180,000 | 96 MILL STREET |
| 15 Nov 2023 | £71,823 | £70,000 | 10 CAMELOT COURT |
| 31 Aug 2023 | £242,371 | £238,000 | 5 ARTHUR STREET |
| 13 Jul 2022 | £375,260 | £371,500 | 88 MILL STREET |
| 24 Jun 2022 | £235,535 | £230,500 | 6 CAMELOT COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Castle Lane |
| Sep 2024 | Other theft | Under investigation | On or near Myrtle Cottages |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Myrtle Cottages |
| Jul 2024 | Anti-social behaviour | On or near Myrtle Cottages | |
| Jul 2024 | Anti-social behaviour | On or near Myrtle Cottages |