£72,000
This estimated value is based upon the latest sale price for the house of £58,000 on 1 Nov 2018. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £58,000 | 1 Nov 2018 |
| £58,500 | 3 Oct 2006 |
| £34,000 | 21 Feb 2003 |
| £17,000 | 30 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2018 the House Price Index for MERTHYR TYDFIL was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £58,000 results in an estimated price of approximately £72,000.
| 1 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £58,000 | £14,000 | £72,000 |
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 | 50.223 % | £29,129 | £87,129 |
| 3 Month Average | 54.737 % | £31,747 | £89,747 |
| 6 Month Average | 43.347 % | £25,141 | £83,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £92,344 | £90,000 | 7 NEW CASTLE STREET |
| 17 Apr 2023 | £188,526 | £185,000 | 4 MANORAU |
| 5 Apr 2023 | £453,482 | £445,000 | UNIT 1 FORMER POST OFFICE CHAMBERS JOHN STREET |
| 30 Mar 2023 | £69,155 | £68,000 | 40 UPPER THOMAS STREET |
| 24 Feb 2023 | £60,403 | £60,000 | 87 HIGH STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 May 2019. Using an estimated price of £72,000 means this house is valued at £878 per sq meter (£81 per sq foot).
The average size of a house on TRAMROAD TERRACE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tramroad Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near New Castle Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near New Castle Street |
| Jul 2024 | Other crime | Under investigation | On or near Church Street |