£115,334
This estimated value is based upon the latest sale price for the house of £68,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £68,000 | 29 Jun 2012 |
| £99,950 | 17 Jul 2009 |
| £99,950 | 17 Jul 2009 |
| £99,950 | 17 Jul 2009 |
| £52,950 | 4 Jul 2003 |
| £32,000 | 4 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 898 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 June 2012 the House Price Index for MERTHYR TYDFIL was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £68,000 results in an estimated price of approximately £115,334.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £68,000 | £47,334 | £115,334 |
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 | -26.395 % | £-17,948 | £50,051 |
| 3 Month Average | 8.792 % | £5,978 | £73,978 |
| 6 Month Average | 41.402 % | £28,153 | £96,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £95,838 | £95,000 | 92 LOWER THOMAS STREET |
| 18 Aug 2023 | £116,015 | £115,000 | 73 TRAMROADSIDE NORTH |
| 19 Aug 2022 | £264,289 | £265,000 | 26 COURTLAND TERRACE |
| 26 May 2022 | £71,344 | £70,000 | 20 ALMA STREET |
| 13 May 2022 | £290,473 | £285,000 | 12 COURTLAND TERRACE |
This house has a floor area of 83 sq meters or 898 sq feet when measured on 27 Apr 2011. Using an estimated price of £115,334 means this house is valued at £1,381 per sq meter (£128 per sq foot).
The average size of a house on LOWER THOMAS STREET is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Thomas Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Lower Thomas Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cobden Place |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Cobden Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cobden Place |