£823,408
This estimated value is based upon the latest sale price for the house of £550,000 on 15 Oct 2014. This value is then adjusted by the current Official House Price Index for NEWPORT 1
There has been one burglary within the last year on or near Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £550,000 | 15 Oct 2014 |
| 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 October 2014 the House Price Index for NEWPORT was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £550,000 results in an estimated price of approximately £823,408.
| 15 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £550,000 | £273,408 | £823,408 |
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 | 18.784 % | £103,314 | £653,314 |
| 3 Month Average | 36.130 % | £198,716 | £748,716 |
| 6 Month Average | 53.649 % | £295,067 | £845,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £544,766 | £540,000 | 3 PRIORY DRIVE |
| 29 Jun 2023 | £832,079 | £822,000 | UNIT 4 LANGSTONE BUSINESS VILLAGE |
| 12 Jun 2023 | £637,725 | £630,000 | COLES COTTAGE |
| 24 Mar 2023 | £706,658 | £700,000 | WENTWOOD HOUSE LANGSTONE BUSINESS VILLAGE |
| 17 Mar 2023 | £393,709 | £390,000 | 43 PRIORY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Mar 2024 | Public order | Under investigation | On or near Priory View |
| Mar 2024 | Public order | Under investigation | On or near Bailey Crescent |