£164,167
This estimated value is based upon the latest sale price for the house of £160,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£160,000 | 17 Nov 2023 |
£31,000 | 10 Sep 2002 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 November 2023 the House Price Index for MERTHYR TYDFIL was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £160,000 results in an estimated price of approximately £164,167.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £160,000 | £4,167 | £164,167 |
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 | 5.132 % | £8,211 | £168,211 |
3 Month Average | 18.932 % | £30,290 | £190,290 |
6 Month Average | 2.713 % | £4,341 | £164,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £164,167 | £160,000 | 4 MILBOURNE TERRACE |
27 Oct 2023 | £163,718 | £160,000 | 5 GLADSTONE TERRACE |
20 Oct 2023 | £184,183 | £180,000 | 12 MILBOURNE TERRACE |
21 Sep 2023 | £92,029 | £90,000 | 11 GLADSTONE TERRACE |
23 Jun 2023 | £155,619 | £152,500 | 6 CHRISTOPHER TERRACE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Jun 2012. Using an estimated price of £164,167 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on MILBOURNE TERRACE is 85 sq meters (917 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milbourne Terrace |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Milbourne Terrace |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brodawel |
Jul 2024 | Anti-social behaviour | On or near Christopher Terrace | |
Jul 2024 | Anti-social behaviour | On or near Christopher Terrace |