£234,750
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £175,000 | 8 Jul 2016 |
| £184,995 | 25 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,203 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 July 2016 the House Price Index for MERTHYR TYDFIL was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £175,000 results in an estimated price of approximately £234,750.
| 8 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £175,000 | £59,750 | £234,750 |
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 | 70.474 % | £123,329 | £298,329 |
| 3 Month Average | 44.882 % | £78,544 | £253,544 |
| 6 Month Average | 55.016 % | £96,277 | £271,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2022 | £286,116 | £280,000 | 30 CEDAR CLOSE |
| 3 May 2022 | £282,356 | £275,000 | 3 CEDAR CLOSE |
| 8 Apr 2022 | £231,345 | £223,000 | 8 HAWTHORN DRIVE |
| 8 Apr 2022 | £499,519 | £481,500 | TREBEDDAU FARM |
| 11 Mar 2022 | £61,493 | £58,905 | 11 HAWTHORN DRIVE |
This house has a floor area of 111 sq meters or 1,203 sq feet when measured on 14 Apr 2010. Using an estimated price of £234,751 means this house is valued at £2,098 per sq meter (£195 per sq foot).
The average size of a house on OAK TREE RISE is 116 sq meters (1,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oak Tree Rise |
| May 2024 | Anti-social behaviour | On or near Cedar Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Close |
| May 2024 | Anti-social behaviour | On or near Cedar Close | |
| May 2024 | Anti-social behaviour | On or near Cedar Close |