£275,942
This estimated value is based upon the latest sale price for the house of £152,000 on 5 Dec 2005. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £152,000 | 5 Dec 2005 |
| £63,950 | 18 Feb 2000 |
| £54,500 | 26 Oct 1998 |
| 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 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 £152,000 results in an estimated price of approximately £275,942.
| 5 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £152,000 | £123,942 | £275,942 |
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 | -1.200 % | £-1,823 | £150,176 |
| 3 Month Average | 43.131 % | £65,559 | £217,559 |
| 6 Month Average | 49.487 % | £75,219 | £227,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £142,571 | £140,000 | 14 FORGE CLOSE |
| 7 Jun 2023 | £255,112 | £250,000 | 37 FORGE CLOSE |
| 10 Aug 2022 | £324,517 | £323,000 | 4 FORGE CLOSE |
| 1 Jun 2022 | £217,142 | £212,500 | 16 THE BRADES |
| 27 May 2022 | £183,788 | £179,000 | 44 THE BRADES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Forge Close |
| Sep 2024 | Anti-social behaviour | On or near The Brades | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Brades |