£233,208
This estimated value is based upon the latest sale price for the house of £45,950 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£45,950 | 22 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 August 1997 the House Price Index for MERTHYR TYDFIL was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £45,950 results in an estimated price of approximately £233,208.
22 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 149.7 | 407.526 % | £45,950 | £187,258 | £233,208 |
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 | 224.542 % | £103,177 | £149,127 |
3 Month Average | 185.935 % | £85,436 | £131,386 |
6 Month Average | 247.478 % | £113,716 | £159,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £125,000 | £125,000 | 43 WESTWOOD DRIVE |
12 Apr 2024 | £287,497 | £285,000 | BREIDDWYD GOITRE COED ROAD |
17 Aug 2023 | £137,480 | £135,000 | 40 WESTWOOD DRIVE |
9 Aug 2023 | £139,516 | £137,000 | 22 FIR TREE DRIVE |
1 Aug 2023 | £229,133 | £225,000 | 72 WESTWOOD DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 17 Oct 2013. Using an estimated price of £233,208 means this house is valued at £1,959 per sq meter (£182 per sq foot).
The average size of a house on WESTWOOD DRIVE is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Westwood Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Westwood Drive |
Jun 2024 | Anti-social behaviour | On or near Westwood Drive | |
Jun 2024 | Anti-social behaviour | On or near Westwood Drive | |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Westwood Drive |