£494,673
This estimated value is based upon the latest sale price for the house of £500,000 on 7 Oct 2022. This value is then adjusted by the current Official House Price Index for NEWPORT 1
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| Price Paid | Date |
|---|---|
| £500,000 | 7 Oct 2022 |
| 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 2022 the House Price Index for NEWPORT was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £500,000 results in an estimated price of approximately £494,673.
| 7 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £500,000 | £-5,326 | £494,673 |
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 | 33.988 % | £169,937 | £669,937 |
| 3 Month Average | 17.057 % | £85,286 | £585,286 |
| 6 Month Average | 2.349 % | £11,743 | £511,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £494,674 | £500,000 | VENTA HOUSE MAESGLAS RETAIL PARK |
| 27 May 2022 | £239,513 | £235,000 | 17 LLANVAIR GRANGE CLOSE |
| 3 Mar 2022 | £353,365 | £341,000 | 6 PENDRAGON GROVE |
| 14 Jan 2022 | £276,783 | £263,000 | 20 LLANVAIR GRANGE CLOSE |
| 25 Nov 2021 | £236,852 | £219,000 | 54 MONMOUTH CASTLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cwrt Baydon Manor |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cwrt Baydon Manor |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cwrt Baydon Manor |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Ffordd Capel Dewi Hall |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ffordd Capel Dewi Hall |