£92,666
This estimated value is based upon the latest sale price for the house of £45,000 on 23 Apr 2004. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £45,000 | 23 Apr 2004 |
| 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 April 2004 the House Price Index for NEWPORT was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £45,000 results in an estimated price of approximately £92,666.
| 23 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £45,000 | £47,666 | £92,666 |
The Postcode Pricing Model uses changes in average sales price within the NP20 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 | 12.257 % | £5,515 | £50,515 |
| 3 Month Average | 88.520 % | £39,833 | £84,833 |
| 6 Month Average | 81.144 % | £36,514 | £81,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £28,000 | £28,000 | 1 KINGS LANE |
| 6 Oct 2023 | £153,486 | £150,000 | 13 MOUNTJOY STREET |
| 9 Aug 2023 | £89,616 | £88,000 | 16 CARDIFF ROAD |
| 26 Jun 2023 | £193,885 | £190,000 | 6 - 7 COMMERCIAL ROAD |
| 24 Aug 2022 | £85,399 | £85,000 | 191 COMMERCIAL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Theatre/Concert Hall |
| Jul 2024 | Public order | Under investigation | On or near Theatre/Concert Hall |
| Jul 2024 | Anti-social behaviour | On or near Theatre/Concert Hall |