£832,079
This estimated value is based upon the latest sale price for the house of £822,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £822,000 | 29 Jun 2023 |
| 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 June 2023 the House Price Index for NEWPORT was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £822,000 results in an estimated price of approximately £832,079.
| 29 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £822,000 | £10,079 | £832,079 |
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 | 192.506 % | £1,582,398 | £2,404,398 |
| 3 Month Average | 26.924 % | £221,315 | £1,043,315 |
| 6 Month Average | -11.700 % | £-96,175 | £725,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £364,663 | £360,000 | 7 BLOSSOM CLOSE |
| 9 Aug 2023 | £544,766 | £540,000 | 3 PRIORY DRIVE |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Priory View | |
| Mar 2024 | Public order | Under investigation | On or near Priory View |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Bailey Crescent |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Bailey Crescent |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Bailey Crescent |