£200,091
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £140,000 | 21 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
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 August 2015 the House Price Index for NEWPORT was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £140,000 results in an estimated price of approximately £200,091.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £140,000 | £60,091 | £200,091 |
The Postcode Pricing Model uses changes in average sales price within the NP19 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 | 35.538 % | £49,753 | £189,753 |
| 3 Month Average | 57.519 % | £80,526 | £220,526 |
| 6 Month Average | 60.298 % | £84,417 | £224,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £141,524 | £140,000 | 13 GAINSBOROUGH DRIVE |
| 26 Apr 2023 | £109,176 | £108,000 | 573 CAERLEON ROAD |
| 25 Mar 2022 | £196,890 | £190,000 | 47 GAINSBOROUGH DRIVE |
| 4 Mar 2022 | £191,709 | £185,000 | 104 THE MOORINGS |
| 14 Jan 2022 | £406,229 | £386,000 | 555 CAERLEON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 26 Jan 2015. Using an estimated price of £200,092 means this house is valued at £2,440 per sq meter (£226 per sq foot).
The average size of a house on THE MOORINGS is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Caerleon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Caerleon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Caerleon Road |
| Jan 2024 | Anti-social behaviour | On or near Caerleon Road | |
| Jan 2024 | Anti-social behaviour | On or near Caerleon Road |