£94,856
This estimated value is based upon the latest sale price for the house of £34,950 on 9 Sep 2002. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£34,950 | 9 Sep 2002 |
£25,500 | 28 Sep 2001 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 September 2002 the House Price Index for MERTHYR TYDFIL was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £34,950 results in an estimated price of approximately £94,856.
9 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £34,950 | £59,906 | £94,856 |
The Postcode Pricing Model uses changes in average sales price within the CF46 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 | 283.405 % | £99,049 | £133,999 |
3 Month Average | 158.871 % | £55,525 | £90,475 |
6 Month Average | 185.814 % | £64,941 | £99,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £102,254 | £100,000 | 6 SUSANNAH PLACE |
9 Aug 2023 | £139,516 | £137,000 | 22 FIR TREE DRIVE |
3 Feb 2023 | £191,278 | £190,000 | 9 PLEASANT VIEW CARDIFF ROAD |
25 Jul 2022 | £121,215 | £120,000 | 41 GRESHAM PLACE |
4 Jul 2022 | £219,196 | £217,000 | SUNNYDENE PARK LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 7 Nov 2016. Using an estimated price of £94,856 means this house is valued at £912 per sq meter (£84 per sq foot).
The average size of a house on GRESHAM PLACE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gresham Place |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |