£254,088
This estimated value is based upon the latest sale price for the house of £194,000 on 7 Feb 2017. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£194,000 | 7 Feb 2017 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 February 2017 the House Price Index for MERTHYR TYDFIL was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £194,000 results in an estimated price of approximately £254,088.
7 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £194,000 | £60,088 | £254,088 |
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 | 78.760 % | £152,794 | £346,794 |
3 Month Average | 45.547 % | £88,360 | £282,360 |
6 Month Average | 43.938 % | £85,238 | £279,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2022 | £286,116 | £280,000 | 30 CEDAR CLOSE |
3 May 2022 | £282,356 | £275,000 | 3 CEDAR CLOSE |
8 Apr 2022 | £499,519 | £481,500 | TREBEDDAU FARM |
8 Apr 2022 | £231,345 | £223,000 | 8 HAWTHORN DRIVE |
11 Mar 2022 | £61,493 | £58,905 | 11 HAWTHORN DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 7 Nov 2016. Using an estimated price of £254,088 means this house is valued at £2,443 per sq meter (£226 per sq foot).
The average size of a house on OAK TREE RISE is 116 sq meters (1,251 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Grove |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Tree Grove |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Close |
May 2024 | Anti-social behaviour | On or near Cedar Close | |
May 2024 | Anti-social behaviour | On or near Cedar Close |