£303,753
This estimated value is based upon the latest sale price for the house of £56,500 on 24 Jan 1997. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £56,500 | 24 Jan 1997 |
| Terraced |
| 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 January 1997 the House Price Index for NEWPORT was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £56,500 results in an estimated price of approximately £303,753.
| 24 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £56,500 | £247,253 | £303,753 |
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 | 296.216 % | £167,362 | £223,862 |
| 3 Month Average | 324.413 % | £183,293 | £239,793 |
| 6 Month Average | 300.094 % | £169,553 | £226,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £239,076 | £237,000 | 11 VINE COTTAGES |
| 20 Dec 2023 | £206,340 | £200,000 | 2 KNIGHTON COURT |
| 4 Dec 2023 | £209,745 | £203,300 | 9 KNIGHTON COURT |
| 29 Aug 2023 | £246,445 | £242,000 | 3 CHURCH STREET |
| 24 Aug 2023 | £274,959 | £270,000 | 37 GOLDCROFT COMMON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Knighton Court |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Knighton Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knighton Court |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Museum Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Museum Street |