£67,225
This estimated value is based upon the latest sale price for the house of £53,500 on 4 May 2018. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£53,500 | 4 May 2018 |
£19,000 | 17 Jul 1998 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 May 2018 the House Price Index for MERTHYR TYDFIL was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £53,500 results in an estimated price of approximately £67,225.
4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £53,500 | £13,725 | £67,225 |
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 | 67.348 % | £36,031 | £89,531 |
3 Month Average | 6.656 % | £3,561 | £57,061 |
6 Month Average | 20.583 % | £11,011 | £64,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £142,500 | £142,500 | 1 EDWARD STREET |
2 May 2024 | £130,000 | £130,000 | 2 THOMAS STREET |
24 Nov 2023 | £159,037 | £155,000 | FLAT 2 1 GLENVIEW VILLAS |
3 Nov 2023 | £148,777 | £145,000 | 1 THORNWOOD PLACE |
17 Oct 2023 | £161,160 | £157,500 | DELWOOD THORNWOOD PLACE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 May 2019. Using an estimated price of £67,226 means this house is valued at £960 per sq meter (£89 per sq foot).
The average size of a house on THOMAS STREET is 92 sq meters (996 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thomas Street |
Jun 2024 | Drugs | Awaiting court outcome | On or near Thomas Street |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edward Street |