2 PROSPECT PLACE

£109,348

Full Address

2 PROSPECT PLACE
MERTHYR TYDFIL
MERTHYR TYDFIL
MERTHYR TYDFIL
UNITED KINGDOM
CF47 0DX

Estimated Market Value

£109,348

This estimated value is based upon the latest sale price for the house of £58,000 on 23 Feb 2005. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1

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Map

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Transactions for this house
Price PaidDate
£58,00023 Feb 2005
£29,0003 Oct 2003
£30,00027 Jun 1997
House Details
Terraced
Freehold
Floor Area: 70 sq meters or 753 sq feet

House Price Models

Land Registry House Price Index Model

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 February 2005 the House Price Index for MERTHYR TYDFIL was 79.4.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.

Applying this 88.533% change to the original purchase price of £58,000 results in an estimated price of approximately £109,348.

23 Feb 2005 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
79.4 149.7 88.533 % £58,000 £51,348 £109,348

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 95.587 % £55,440 £113,440
3 Month Average 77.513 % £44,957 £102,957
6 Month Average 81.301 % £47,154 £105,154
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
4 Jan 2023 £72,694 £72,500 6 GARTH COTTAGES
31 Aug 2022 £173,813 £173,000 3 THE AVENUE
12 Aug 2022 £16,075 £16,000 THESPIAN HOUSE PARK PLACE
25 May 2022 £109,965 £107,100 THEATRE ROYAL PARK PLACE
4 Mar 2022 £88,734 £85,000 15 DANYPARC

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House Size

This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Jun 2021. Using an estimated price of £109,349 means this house is valued at £1,562 per sq meter (£145 per sq foot).

There is one other house on the street which we know the size of, this is 1 PROSPECT PLACE it is 77.0

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jul 2024 Violence and sexual offences Under investigation On or near The Rink
Jul 2024 Anti-social behaviour On or near The Rink
Jul 2024 Anti-social behaviour On or near The Rink
Jun 2024 Violence and sexual offences Investigation complete; no suspect identified On or near The Rink
Apr 2024 Criminal damage and arson Awaiting court outcome On or near The Rink

View full details of these crimes and others in this area

Companies Near Here
PIZZA VARNA LTD
19 Park Place Merthyr Tydfil Wales CF47 0DJ
DISTINCTION RIGGING AND ELECTRICAL LTD
4 Garth Villas Merthyr Tydfil Mid Glamorgan United Kingdom CF47 0RX
LAKE DISTRICT HOMES & LETTINGS LIMITED
Usk Villa High Street Penydarren Merthyr Tydfil Wales CF47 9AH
REVA.ACCESSORIES LTD
12 Park Place Merthyr Tydfil Wales CF47 0LJ
ACCORD PROFESSIONAL SERVICES LIMITED
3 Penydarren Park Merthyr Tydfil United Kingdom CF47 8YW

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People Near Here
MRS BYANKA MARINOVA YORDANOVA BUSINESS PERSON
19 PARK PLACE, CF47 0DJ
MRS LUCY TOPP DIRECTOR
BWTHYN MAES-GLAS TRAMROADSIDE, CF47 9AH
MR JOHN CARL WAYNE SCRIVEN DIRECTOR
4 GARTH VILLAS, CF47 0RX
CALLUM THOMAS DIRECTOR
FLAT 3, 6 GARTH VILLAS, CF47 0RX
MRS DEOBRAH PRICE Historic Information
HAZELDENE, PENYDARREN ROAD, CF47 9AH
MARGARET MICHELLE DAVIES Historic Information
2 PENYDARREN ROAD, CF47 9AH
Mr Paul Ian Calderbank
3 The Rink Pontmorlais, CF47 0LQ
MS EMMA LEIGHANN WATTS Historic Information OFFICE CLERK
2 HIGH STREET, PENYDARREN, CF47 9AH
MR HUW FFRANGCON LLOYD-LEWIS Historic Information
HAZELDENE, PENYDARREN ROAD, CF47 9AH
HUW FFRANGCON LLOYD-LEWIS Historic Information
HAZELDENE, PENYDARREN ROAD, CF47 9AH
WAYNE SULLIVAN
7 GLYNN TERRACE, CF47 0HJ
GIAN LAZZARO CHIAPPA Historic Information DIRECTOR
PENCOED FARM, LLWYDCOED, CF47 0DX
Mr Bayryam Mehmedali Historic Information
19 Park Place, CF47 0DJ
HUW FFRANGCON LLOYD LEWIS Historic Information DIRECTOR
2 PENYDARREN ROAD, CF47 9AH
Mr Marin Yordanov Historic Information
19 Park Place, CF47 0DJ

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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