£294,357
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Nov 2023 |
| £165,000 | 25 Jul 2014 |
| £62,000 | 30 Aug 1996 |
| 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 November 2023 the House Price Index for NEWPORT was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £290,000 results in an estimated price of approximately £294,357.
| 20 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £290,000 | £4,357 | £294,357 |
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 | 258.215 % | £748,822 | £1,038,822 |
| 3 Month Average | 43.951 % | £127,456 | £417,456 |
| 6 Month Average | 7.512 % | £21,784 | £311,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £274,808 | £270,000 | 64 ROMAN REACH |
| 20 Nov 2023 | £294,358 | £290,000 | 7 PEARTREE CLOSE |
| 30 Aug 2023 | £237,074 | £235,000 | 3 WALNUT DRIVE |
| 31 Mar 2023 | £157,484 | £156,000 | 32 WHITE ASH GLADE |
| 25 Nov 2022 | £172,906 | £175,000 | 8 PEARTREE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near White Ash Glade | |
| Apr 2024 | Public order | Under investigation | On or near Walnut Drive |
| Apr 2024 | Anti-social behaviour | On or near Walnut Drive | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Walnut Drive |
| Mar 2024 | Anti-social behaviour | On or near Walnut Drive |