£423,866
This estimated value is based upon the latest sale price for the house of £345,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £345,000 | 5 Dec 2018 |
| 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 December 2018 the House Price Index for NEWPORT was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £345,000 results in an estimated price of approximately £423,866.
| 5 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £345,000 | £78,866 | £423,866 |
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 | 186.450 % | £643,253 | £988,253 |
| 3 Month Average | 58.835 % | £202,979 | £547,979 |
| 6 Month Average | 40.631 % | £140,177 | £485,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £376,691 | £380,000 | 15 THE NURSERIES |
| 19 Aug 2022 | £422,148 | £425,000 | 63 THE NURSERIES |
| 30 Jun 2021 | £363,268 | £339,950 | 40 THE NURSERIES |
| 10 Mar 2021 | £443,446 | £400,000 | FAIRHOLME OLD CHEPSTOW ROAD |
| 14 Oct 2020 | £633,828 | £542,500 | ORCHARD LODGE OLD CHEPSTOW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Nurseries |
| Feb 2024 | Anti-social behaviour | On or near Park End | |
| Feb 2024 | Public order | Under investigation | On or near Park End |
| Feb 2024 | Anti-social behaviour | On or near Park End | |
| Feb 2024 | Anti-social behaviour | On or near Park End |