£536,462
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Jun 2021. 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 Miller Close
More crime details
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| Price Paid | Date |
|---|---|
| £500,000 | 21 Jun 2021 |
| £320,000 | 13 Oct 2014 |
| £215,000 | 7 Mar 2003 |
| 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 2021 the House Price Index for NEWPORT was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £500,000 results in an estimated price of approximately £536,462.
| 21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £500,000 | £36,462 | £536,462 |
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 | -6.996 % | £-34,978 | £465,021 |
| 3 Month Average | 7.807 % | £39,034 | £539,034 |
| 6 Month Average | 5.286 % | £26,430 | £526,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2022 | £602,432 | £585,000 | 6 SHEPHERD DRIVE |
| 28 Jan 2022 | £669,331 | £636,000 | 30 TREGARN CLOSE |
| 15 Oct 2021 | £514,512 | £465,000 | BERRYDOWN CHEPSTOW ROAD |
| 11 Oct 2021 | £702,614 | £635,000 | COPPER LODGE MAGOR ROAD |
| 21 Jun 2021 | £536,462 | £500,000 | 12 MILLER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Miller Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Shepherd Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Carpenter Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Ford Farm Lane |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Tregarn Road |