£464,993
This estimated value is based upon the latest sale price for the house of £470,000 on 7 Oct 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£470,000 | 7 Oct 2022 |
£372,995 | 13 Jul 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 October 2022 the House Price Index for NEWPORT was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £470,000 results in an estimated price of approximately £464,993.
7 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £470,000 | £-5,006 | £464,993 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | -24.691 % | £-116,047 | £353,952 |
3 Month Average | -9.939 % | £-46,715 | £423,284 |
6 Month Average | -3.127 % | £-14,696 | £455,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £481,152 | £475,000 | 35 DEER PARK LANE |
28 Apr 2023 | £472,083 | £467,000 | 20 OLD PARK ROAD |
7 Oct 2022 | £464,993 | £470,000 | 18 TROED-Y-GAER ROAD |
26 Jul 2022 | £451,215 | £450,000 | 8 OLD PARK ROAD |
11 Mar 2022 | £426,940 | £412,000 | 24 TROED-Y-GAER ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Birdie Close | |
Dec 2023 | Anti-social behaviour | On or near Birdie Close | |
Dec 2023 | Anti-social behaviour | On or near Birdie Close | |
Dec 2023 | Anti-social behaviour | On or near Birdie Close | |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairway Road |