£311,460
This estimated value is based upon the latest sale price for the house of £131,500 on 2 May 2003. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £131,500 | 2 May 2003 |
| £59,000 | 24 Jun 1997 |
| £48,000 | 8 Mar 1996 |
| Semi-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 May 2003 the House Price Index for NEWPORT was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £131,500 results in an estimated price of approximately £311,460.
| 2 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £131,500 | £179,960 | £311,460 |
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 | 92.196 % | £121,238 | £252,738 |
| 3 Month Average | 113.071 % | £148,688 | £280,188 |
| 6 Month Average | 125.556 % | £165,106 | £296,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £277,427 | £275,000 | 6 ROMAN REACH |
| 7 Jul 2023 | £217,933 | £215,000 | 13 HOME FARM GREEN |
| 30 Jun 2023 | £262,176 | £259,000 | 43 HOME FARM CRESCENT |
| 7 Jun 2023 | £261,164 | £258,000 | 18 HOME FARM GREEN |
| 20 Feb 2023 | £311,790 | £312,000 | 8 ROMAN REACH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Home Farm Close |
| Mar 2024 | Anti-social behaviour | On or near Walnut Drive | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Walnut Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walnut Drive |
| Jan 2024 | Anti-social behaviour | On or near Walnut Drive |