£340,565
This estimated value is based upon the latest sale price for the house of £255,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£255,000 | 14 Jun 2016 |
Detached |
Freehold |
Floor Area: 238 sq meters or 2,561 sq feet |
This model uses changes in the Official Land Registry House Price Index for MERTHYR TYDFIL to estimate the market value.
When this house was purchased in June 2016 the House Price Index for MERTHYR TYDFIL was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £255,000 results in an estimated price of approximately £340,565.
14 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £255,000 | £85,565 | £340,565 |
The Postcode Pricing Model uses changes in average sales price within the CF47 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 | -21.998 % | £-56,095 | £198,904 |
3 Month Average | 6.375 % | £16,256 | £271,256 |
6 Month Average | 44.253 % | £112,844 | £367,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £252,206 | £250,000 | 27 THE AVENUE |
11 Aug 2023 | £161,412 | £160,000 | 23 THE GROVE |
30 Jun 2023 | £440,334 | £435,000 | HADDINGTON, 21 THE GROVE |
2 Mar 2023 | £117,608 | £116,500 | 25 GWAELODYGARTH |
14 Oct 2022 | £291,858 | £295,000 | 14 ST MARYS CLOSE |
This house has a floor area of 238 sq meters or 2,561 sq feet when measured on 4 Dec 2015. Using an estimated price of £340,565 means this house is valued at £1,430 per sq meter (£132 per sq foot).
The average size of a house on THE GROVE is 197 sq meters (2,129 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near The Grove |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near King Edward Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Heritage Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heritage Court |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heritage Court |