£522,244
This estimated value is based upon the latest sale price for the house of £392,250 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £392,250 | 26 Aug 2016 |
| 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 August 2016 the House Price Index for NEWPORT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £392,250 results in an estimated price of approximately £522,244.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £392,250 | £129,994 | £522,244 |
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 | -0.723 % | £-2,836 | £389,413 |
| 3 Month Average | 19.295 % | £75,684 | £467,934 |
| 6 Month Average | 35.636 % | £139,780 | £532,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £481,480 | £475,000 | 8 LANGSTONE RISE |
| 20 Apr 2022 | £602,432 | £585,000 | 6 SHEPHERD DRIVE |
| 28 Jan 2022 | £669,331 | £636,000 | 30 TREGARN CLOSE |
| 21 Jun 2021 | £536,462 | £500,000 | 12 MILLER CLOSE |
| 31 Jan 2020 | £472,639 | £387,500 | 9 TREGARN COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Tregarn Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tregarn Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tregarn Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Tregarn Road |
| Dec 2023 | Other crime | Under investigation | On or near Tregarn Road |