£80,934
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
There has been one burglary within the last year on or near Upper Royal Lane
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Price Paid | Date |
---|---|
£70,000 | 18 Dec 2020 |
£65,000 | 31 Mar 2005 |
£24,000 | 20 Dec 2001 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 662 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLAENAU GWENT to estimate the market value.
When this house was purchased in December 2020 the House Price Index for BLAENAU GWENT was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £70,000 results in an estimated price of approximately £80,934.
18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £70,000 | £10,934 | £80,934 |
The Postcode Pricing Model uses changes in average sales price within the NP13 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 | 22.771 % | £15,939 | £85,939 |
3 Month Average | 31.710 % | £22,196 | £92,196 |
6 Month Average | 41.898 % | £29,328 | £99,328 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £152,341 | £150,000 | 10 GROSVENOR ROAD |
30 Nov 2023 | £164,167 | £160,000 | 1 CWRT CORON |
13 Oct 2023 | £145,300 | £142,000 | 3 GROSVENOR ROAD |
8 Sep 2023 | £120,149 | £117,500 | 16 VICTORIA STREET |
29 Jun 2023 | £128,577 | £126,000 | 27 VICTORIA STREET |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 6 Nov 2010. Using an estimated price of £80,935 means this house is valued at £1,314 per sq meter (£122 per sq foot).
The average size of a house on UPPER ROYAL LANE is 99 sq meters (1,074 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (662 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Upper Royal Lane |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Victoria Street |
May 2024 | Public order | Unable to prosecute suspect | On or near Victoria Street |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Victoria Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cwrt Coron |