£957,425
This estimated value is based upon the latest sale price for the house of £775,000 on 21 Mar 2019. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £775,000 | 21 Mar 2019 |
| £785,000 | 19 Oct 2015 |
| £275,000 | 28 May 2002 |
| 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 March 2019 the House Price Index for NEWPORT was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £775,000 results in an estimated price of approximately £957,425.
| 21 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £775,000 | £182,425 | £957,425 |
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 | 259.280 % | £2,009,418 | £2,784,418 |
| 3 Month Average | 29.870 % | £231,494 | £1,006,494 |
| 6 Month Average | 23.622 % | £183,070 | £958,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £481,480 | £475,000 | 8 LANGSTONE RISE |
| 12 Jun 2023 | £592,173 | £585,000 | HIGHFIELD TREGARN ROAD |
| 15 Jun 2022 | £574,367 | £566,250 | CROFT TREGARN ROAD |
| 8 Jun 2022 | £321,544 | £317,000 | THE ARCH |
| 25 Feb 2022 | £361,800 | £345,000 | MAYFIELD CAERLICYN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Caerlicken Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Caerlicken Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Caerlicken Lane |
| Mar 2024 | Drugs | Under investigation | On or near Caerlicken Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |