£122,704
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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Price Paid | Date |
---|---|
£120,000 | 8 Sep 2023 |
£120,000 | 3 Aug 2022 |
£55,000 | 19 Mar 2003 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 985 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIDGEND to estimate the market value.
When this house was purchased in September 2023 the House Price Index for BRIDGEND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £120,000 results in an estimated price of approximately £122,704.
8 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £120,000 | £2,704 | £122,704 |
The Postcode Pricing Model uses changes in average sales price within the CF34 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 | -3.229 % | £-3,875 | £116,124 |
3 Month Average | -0.979 % | £-1,174 | £118,825 |
6 Month Average | -2.525 % | £-3,029 | £116,970 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £60,000 | £60,000 | 22 BROWN STREET |
29 Nov 2023 | £133,385 | £129,999 | 30 GARNWEN ROAD |
25 Oct 2023 | £173,951 | £170,000 | 23 GARNWEN TERRACE |
8 Sep 2023 | £122,705 | £120,000 | 2 GARNWEN TERRACE |
4 Apr 2023 | £305,718 | £300,000 | OLD LIBRARY FLATS CORONATION TERRACE |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 21 Mar 2012. Using an estimated price of £122,705 means this house is valued at £1,340 per sq meter (£124 per sq foot).
The average size of a house on GARNWEN TERRACE is 105 sq meters (1,138 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garnwen Road |
Jul 2024 | Anti-social behaviour | On or near Coronation Terrace | |
Jun 2024 | Anti-social behaviour | On or near Coronation Terrace | |
Jun 2024 | Anti-social behaviour | On or near Coronation Terrace | |
Jun 2024 | Anti-social behaviour | On or near Hill Street |