£596,546
This estimated value is based upon the latest sale price for the house of £448,000 on 6 Jul 2016. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £448,000 | 6 Jul 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 July 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 33.158%.Applying this 33.158% change to the original purchase price of £448,000 results in an estimated price of approximately £596,546.
| 6 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £448,000 | £148,546 | £596,546 |
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 | 8.064 % | £36,127 | £484,127 |
| 3 Month Average | 28.232 % | £126,479 | £574,479 |
| 6 Month Average | 39.850 % | £178,526 | £626,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £384,922 | £380,000 | 16 THE NURSERIES |
| 21 Feb 2023 | £834,438 | £835,000 | BERNERSMEDE CHEPSTOW ROAD |
| 23 Jan 2023 | £378,218 | £380,000 | 15 THE NURSERIES |
| 19 Aug 2022 | £423,859 | £425,000 | 63 THE NURSERIES |
| 18 Oct 2021 | £263,342 | £238,000 | 2 TREGARN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |