£118,535
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for NEATH PORT TALBOT 1
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Sep 2021 |
| £55,750 | 1 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEATH PORT TALBOT to estimate the market value.
When this house was purchased in September 2021 the House Price Index for NEATH PORT TALBOT was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £110,000 results in an estimated price of approximately £118,535.
| 10 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £110,000 | £8,535 | £118,535 |
The Postcode Pricing Model uses changes in average sales price within the SA11 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 | 5.820 % | £6,401 | £116,401 |
| 3 Month Average | 12.335 % | £13,568 | £123,568 |
| 6 Month Average | 4.253 % | £4,677 | £114,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £85,000 | £85,000 | 22 BURROWS ROAD |
| 17 Nov 2023 | £86,277 | £85,000 | 27 OLD ROAD |
| 1 Nov 2023 | £137,029 | £135,000 | 8 ROCKFIELD TERRACE |
| 29 Sep 2023 | £146,878 | £145,000 | 109A BRITON FERRY ROAD |
| 15 Sep 2023 | £99,269 | £98,000 | 3 TAYLORS ROW |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Dec 2014. Using an estimated price of £118,535 means this house is valued at £1,261 per sq meter (£117 per sq foot).
The average size of a house on OLD ROAD is 93 sq meters (1,007 sq feet).