£32,294
This estimated value is based upon the latest sale price for the house of £11,000 on 3 May 2002. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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Price Paid | Date |
---|---|
£11,000 | 3 May 2002 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIDGEND to estimate the market value.
When this house was purchased in May 2002 the House Price Index for BRIDGEND was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £11,000 results in an estimated price of approximately £32,294.
3 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £11,000 | £21,294 | £32,294 |
The Postcode Pricing Model uses changes in average sales price within the CF34 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 | 183.800 % | £20,218 | £31,218 |
3 Month Average | 181.668 % | £19,983 | £30,983 |
6 Month Average | 174.116 % | £19,152 | £30,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £71,092 | £70,000 | 31A GELLI STREET |
19 Dec 2023 | £108,329 | £105,000 | 14 DUFFRYN ROAD |
15 Dec 2023 | £92,853 | £90,000 | 80 HERMON ROAD |
11 Aug 2023 | £69,758 | £68,500 | 43 HERMON ROAD |
9 Jun 2023 | £71,942 | £70,500 | 5 DUFFRYN ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 May 2014. Using an estimated price of £32,294 means this house is valued at £351 per sq meter (£32 per sq foot).
The average size of a house on HERMON ROAD is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Talana Terrace | |
Apr 2024 | Anti-social behaviour | On or near Talana Terrace |