£61,586
This estimated value is based upon the latest sale price for the house of £52,500 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
There has been one burglary within the last year on or near Third Avenue
More crime details
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Price Paid | Date |
---|---|
£52,500 | 30 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 October 2020 the House Price Index for MERTHYR TYDFIL was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £52,500 results in an estimated price of approximately £61,586.
30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £52,500 | £9,086 | £61,586 |
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 | -27.360 % | £-14,364 | £38,135 |
3 Month Average | -2.374 % | £-1,246 | £51,253 |
6 Month Average | 16.896 % | £8,870 | £61,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £100,000 | £100,000 | PENYBRYN HOUSE PENYBRYN |
1 Dec 2023 | £96,692 | £95,000 | 26 BEECH GROVE |
24 Nov 2023 | £65,977 | £65,000 | 31 BEECH GROVE |
29 Sep 2023 | £146,878 | £145,000 | 42 GALON UCHAF ROAD |
26 Sep 2023 | £143,839 | £142,000 | 4 GALON UCHAF ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 Sep 2013. Using an estimated price of £61,587 means this house is valued at £716 per sq meter (£66 per sq foot).
The average size of a house on FOURTH AVENUE is 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Third Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Third Avenue |