£746,482
This estimated value is based upon the latest sale price for the house of £740,000 on 7 Dec 2022. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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Price Paid | Date |
---|---|
£740,000 | 7 Dec 2022 |
Freehold |
This model uses changes in the Official Land Registry House Price Index for TORFAEN to estimate the market value.
When this house was purchased in December 2022 the House Price Index for TORFAEN was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £740,000 results in an estimated price of approximately £746,482.
7 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £740,000 | £6,482 | £746,482 |
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 | -23.334 % | £-172,671 | £567,328 |
3 Month Average | -11.474 % | £-84,904 | £655,095 |
6 Month Average | -2.739 % | £-20,270 | £719,729 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £543,804 | £530,000 | 11 CANDWR PARK |
15 Feb 2023 | £484,235 | £481,000 | 3 BADGERS MEADOW |
21 Apr 2022 | £331,975 | £320,000 | 4 CANDWR PARK |
22 Feb 2022 | £507,099 | £480,000 | 75 CANDWR PARK |
30 Sep 2021 | £624,202 | £575,000 | 6 BADGERS MEADOW |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lamb Lane |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Brechfa Close |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Caerleon Road |
Apr 2024 | Other crime | Under investigation | On or near Caerleon Road |
Jul 2024 | Anti-social behaviour | On or near Longbridge |