£166,505
This estimated value is based upon the latest sale price for the house of £135,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£135,000 | 26 Jul 2019 |
£81,500 | 23 Oct 2018 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 July 2019 the House Price Index for MERTHYR TYDFIL was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £135,000 results in an estimated price of approximately £166,505.
26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £135,000 | £31,505 | £166,505 |
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 | -40.372 % | £-54,502 | £80,497 |
3 Month Average | -3.974 % | £-5,364 | £129,635 |
6 Month Average | 20.003 % | £27,004 | £162,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £110,000 | £110,000 | 17 RAILWAY TERRACE |
17 Nov 2023 | £162,404 | £160,000 | 4 MILBOURNE TERRACE |
21 Sep 2023 | £91,166 | £90,000 | 11 GLADSTONE TERRACE |
29 Jun 2023 | £96,165 | £95,000 | 2 GWILYM TERRACE |
23 Jun 2023 | £154,370 | £152,500 | 6 CHRISTOPHER TERRACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 May 2019. Using an estimated price of £166,506 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on GLADSTONE TERRACE is 125 sq meters (1,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Brodawel |
Apr 2024 | Theft from the person | Under investigation | On or near Railway Terrace |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hankey Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hankey Place |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hankey Place |