£277,542
This estimated value is based upon the latest sale price for the house of £115,000 on 15 Apr 2003. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £115,000 | 15 Apr 2003 |
| £51,950 | 24 Mar 1995 |
| 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 April 2003 the House Price Index for NEWPORT was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £115,000 results in an estimated price of approximately £277,542.
| 15 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £115,000 | £162,542 | £277,542 |
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 | 126.076 % | £144,987 | £259,987 |
| 3 Month Average | 129.289 % | £148,682 | £263,682 |
| 6 Month Average | 137.092 % | £157,655 | £272,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £347,902 | £340,000 | 3 SPARTAN CLOSE |
| 24 Mar 2023 | £289,840 | £285,000 | 3 BRAMLEY CLOSE |
| 21 Apr 2022 | £440,904 | £425,000 | 15 ROSECROFT DRIVE |
| 4 Feb 2022 | £501,817 | £475,000 | 16 ROSECROFT DRIVE |
| 30 Sep 2021 | £347,382 | £320,000 | 3 GRENADIER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spartan Close |
| May 2024 | Drugs | Local resolution | On or near Langstone Court Road |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Old Langstone Court Road |