£414,820
This estimated value is based upon the latest sale price for the house of £228,500 on 15 Dec 2005. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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Price Paid | Date |
---|---|
£228,500 | 15 Dec 2005 |
£113,950 | 11 Dec 1998 |
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 2005 the House Price Index for NEWPORT was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £228,500 results in an estimated price of approximately £414,820.
15 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £228,500 | £186,320 | £414,820 |
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 | 45.886 % | £104,850 | £333,350 |
3 Month Average | 62.441 % | £142,676 | £371,176 |
6 Month Average | 64.709 % | £147,859 | £376,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £347,902 | £340,000 | 3 SPARTAN CLOSE |
16 Mar 2023 | £218,652 | £215,000 | 22 COURT MEADOW |
3 Mar 2023 | £350,859 | £345,000 | 56 COURT MEADOW |
6 Feb 2023 | £634,237 | £630,000 | 2 CWRT BARN LANGSTONE COURT ROAD |
20 Jan 2023 | £330,884 | £330,000 | 45 COURT MEADOW |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Old Langstone Court Road |
May 2024 | Drugs | Local resolution | On or near Langstone Court Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Tree Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Close |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Cherry Tree Close |