£2,540,177
This estimated value is based upon the latest sale price for the house of £2,000,000 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £2,000,000 | 3 Aug 2017 |
| 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 2017 the House Price Index for NEWPORT was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £2,000,000 results in an estimated price of approximately £2,540,177.
| 3 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £2,000,000 | £540,177 | £2,540,177 |
The Postcode Pricing Model uses changes in average sales price within the NP10 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 | 90.941 % | £1,818,824 | £3,818,824 |
| 3 Month Average | 30.162 % | £603,230 | £2,603,230 |
| 6 Month Average | 29.546 % | £590,926 | £2,590,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £478,183 | £474,000 | UNIT 5 CEDAR COURT HAZELL DRIVE |
| 24 Mar 2023 | £1,383,030 | £1,370,000 | INTEGRA HOUSE, 1 VAUGHAN COURT |
| 24 Mar 2023 | £444,185 | £440,000 | 2 NANTYMOR COTTAGES BLACKSMITHS WAY |
| 29 Apr 2022 | £762,051 | £740,000 | BRIDGEVIEW HOUSE CHURCH LANE |
| 25 Feb 2022 | £255,357 | £243,500 | 43 POWIS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Nanty-Moor Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Crescent |
| Mar 2024 | Anti-social behaviour | On or near Blacksmiths Way | |
| Mar 2024 | Other crime | Under investigation | On or near Blacksmiths Way |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Pencarn Avenue |