2, THE BRADES, CAERLEON, NEWPORT, NP18 3PS - £199,000

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.

2 THE BRADES is a detached house, which could now be worth an estimated £327,367. It was last sold for £199,000 in May 2007, which was around 19% below the average May 2007 detached price in the Newport local authority area.

2 THE BRADES Sold Prices

Land registry data shows two sales for 2 THE BRADES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two 2 THE BRADES 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
2007 1 MAY	£199,000	£246,088	19% below HPI
1996 1 NOV	£57,000	£80,965	30% below HPI

What might 2 THE BRADES be worth now?

2 THE BRADES might now be worth an estimated £327,367.

This is based on house price inflation of 64.5%, between May 2007 and May 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 64.5% inflationary increase is applied to the most recent sale price for 2 THE BRADES of £199,000 on 1st May 2007. For the value to have increased from £199,000 to £327,367 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 2 THE BRADES has moved in line with the HPI for detached houses in the Newport local authority area.
• The May 2007 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE BRADES has not materially changed since May 2007.

Where is 2 THE BRADES?

2 THE BRADES is located in CAERLEON, in the NP18 postcode district.