£78,744
This estimated value is based upon the latest sale price for the house of £42,000 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £42,000 | 8 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2005 the House Price Index for MERTHYR TYDFIL was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £42,000 results in an estimated price of approximately £78,744.
| 8 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £42,000 | £36,744 | £78,744 |
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 | 132.964 % | £55,844 | £97,844 |
| 3 Month Average | 74.348 % | £31,226 | £73,226 |
| 6 Month Average | 63.934 % | £26,852 | £68,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £101,000 | £101,000 | 43 OAK ROAD |
| 19 Apr 2024 | £87,762 | £87,000 | 107 OAK ROAD |
| 14 Aug 2023 | £68,231 | £67,000 | 2 LIME GROVE |
| 28 Apr 2023 | £134,516 | £132,000 | 51 ASH CRESCENT |
| 14 Nov 2022 | £79,628 | £80,000 | 36 CEDAR WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 Jun 2014. Using an estimated price of £78,745 means this house is valued at £984 per sq meter (£91 per sq foot).
The average size of a house on CEDAR WAY is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cedar Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cedar Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Way |
| May 2024 | Public order | Unable to prosecute suspect | On or near Cedar Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cedar Way |