£386,540
This estimated value is based upon the latest sale price for the house of £70,000 on 13 Sep 1996. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £70,000 | 13 Sep 1996 |
| £67,000 | 17 Jan 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 September 1996 the House Price Index for NEWPORT was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £70,000 results in an estimated price of approximately £386,540.
| 13 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £70,000 | £316,540 | £386,540 |
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 | 225.844 % | £158,091 | £228,091 |
| 3 Month Average | 280.369 % | £196,258 | £266,258 |
| 6 Month Average | 290.597 % | £203,417 | £273,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £255,264 | £252,000 | 574 CAERLEON ROAD |
| 3 Mar 2023 | £180,198 | £178,500 | 2 COTMAN CLOSE |
| 31 Oct 2022 | £207,763 | £210,000 | 142 BEAUFORT ROAD |
| 28 Sep 2022 | £104,159 | £105,000 | 14 WARD CLOSE |
| 22 Feb 2022 | £209,739 | £200,000 | 13 HOLBEIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Piper Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Piper Close |
| Jan 2024 | Anti-social behaviour | On or near Piper Close | |
| Jan 2024 | Anti-social behaviour | On or near Piper Close | |
| Mar 2024 | Anti-social behaviour | On or near Renoir Road |