£594,240
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Oct 2012. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Oct 2012 |
| 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 October 2012 the House Price Index for NEWPORT was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £350,000 results in an estimated price of approximately £594,240.
| 18 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £350,000 | £244,240 | £594,240 |
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 | 17.054 % | £59,689 | £409,689 |
| 3 Month Average | 42.470 % | £148,646 | £498,646 |
| 6 Month Average | 48.684 % | £170,395 | £520,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £364,663 | £360,000 | 7 BLOSSOM CLOSE |
| 29 Jun 2023 | £832,079 | £822,000 | UNIT 4 LANGSTONE BUSINESS VILLAGE |
| 23 Jun 2023 | £328,985 | £325,000 | 20 PRIORY GROVE |
| 24 Mar 2023 | £706,658 | £700,000 | WENTWOOD HOUSE LANGSTONE BUSINESS VILLAGE |
| 20 Feb 2023 | £549,630 | £550,000 | 2 BLOSSOM GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Bailey Crescent |
| Feb 2024 | Other crime | Under investigation | On or near Bailey Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bailey Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bailey Crescent |
| Jan 2024 | Anti-social behaviour | On or near Bailey Crescent |