32, FORGE CLOSE, CAERLEON, NEWPORT, NP18 3PW - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 FORGE CLOSE is a detached house, which could now be worth an estimated £306,190. It was last sold for £175,000 in June 2015, which was around 24% below the average June 2015 detached price in the Newport local authority area.

32 FORGE CLOSE Sold Prices

Land registry data shows three sales for 32 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 32 FORGE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 1 JUN	£175,000	£230,666	24% below HPI
2001 12 JUL	£97,500	£118,095	17% below HPI
1997 7 MAR	£68,000	£89,408	24% below HPI

What might 32 FORGE CLOSE be worth now?

32 FORGE CLOSE might now be worth an estimated £306,190.

This is based on house price inflation of 75%, between June 2015 and April 2026, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75% inflationary increase is applied to the most recent sale price for 32 FORGE CLOSE of £175,000 on 1st June 2015. For the value to have increased from £175,000 to £306,190 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 32 FORGE CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The June 2015 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 32 FORGE CLOSE has not materially changed since June 2015.

Where is 32 FORGE CLOSE?

32 FORGE CLOSE is located in CAERLEON, in the NP18 postcode district.