£581,279
This estimated value is based upon the latest sale price for the house of £103,000 on 29 Mar 1996. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £103,000 | 29 Mar 1996 |
| Terraced |
| 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 March 1996 the House Price Index for NEWPORT was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £103,000 results in an estimated price of approximately £581,279.
| 29 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £103,000 | £478,279 | £581,279 |
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 | 247.301 % | £254,720 | £357,720 |
| 3 Month Average | 301.417 % | £310,459 | £413,459 |
| 6 Month Average | 326.241 % | £336,028 | £439,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2022 | £541,458 | £540,000 | CHOSEN WAY CAERLEON ROAD |
| 10 Jun 2022 | £502,096 | £495,000 | DERWENFA CAERLEON ROAD |
| 21 Apr 2022 | £329,536 | £320,000 | 4 CANDWR PARK |
| 24 Sep 2021 | £439,119 | £407,500 | 3 CANDWR PARK |
| 13 Aug 2021 | £209,178 | £187,500 | 10 LAMB LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lamb Lane |
| Feb 2024 | Burglary | Under investigation | On or near Badgers Meadow |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hafod Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hafod Close |
| Jan 2024 | Other theft | Under investigation | On or near The Orchard |