£13,790
This estimated value is based upon the latest sale price for the house of £12,204 on 4 May 2021. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £12,204 | 4 May 2021 |
| Leasehold |
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 2021 the House Price Index for NEWPORT was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £12,204 results in an estimated price of approximately £13,790.
| 4 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £12,204 | £1,586 | £13,790 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | -3.331 % | £-406 | £11,797 |
| 3 Month Average | 33.316 % | £4,065 | £16,269 |
| 6 Month Average | 5.562 % | £678 | £12,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £203,005 | £200,000 | 160 COMMERCIAL STREET |
| 25 Aug 2023 | £169,483 | £168,000 | 15 HILL STREET |
| 18 Jul 2023 | £140,896 | £139,000 | 43 COMMERCIAL STREET |
| 28 Apr 2023 | £101,088 | £100,000 | 114 COMMERCIAL STREET |
| 28 Apr 2023 | £161,742 | £160,000 | 7 CHARLES STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Commercial Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Commercial Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Commercial Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Commercial Street |