£162,975
This estimated value is based upon the latest sale price for the house of £142,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for THE VALE OF GLAMORGAN 1
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| Price Paid | Date |
|---|---|
| £142,000 | 3 Dec 2020 |
| £105,000 | 17 Jul 2009 |
| £105,000 | 17 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
This model uses changes in the Official Land Registry House Price Index for THE VALE OF GLAMORGAN to estimate the market value.
When this house was purchased in December 2020 the House Price Index for THE VALE OF GLAMORGAN was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £142,000 results in an estimated price of approximately £162,975.
| 3 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £142,000 | £20,975 | £162,975 |
The Postcode Pricing Model uses changes in average sales price within the CF62 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 | 2.155 % | £3,060 | £145,060 |
| 3 Month Average | 2.001 % | £2,841 | £144,841 |
| 6 Month Average | 12.354 % | £17,543 | £159,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £226,462 | £222,500 | 17 SHAKESPEARE ROAD |
| 24 Nov 2023 | £177,630 | £175,000 | 59 SHAKESPEARE ROAD |
| 25 Sep 2023 | £182,331 | £180,000 | 11 GOODWICK CLOSE |
| 22 Sep 2023 | £176,254 | £174,000 | 3 GOODWICK CLOSE |
| 25 Aug 2023 | £221,942 | £220,000 | 18 NEWGALE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Aug 2020. Using an estimated price of £162,975 means this house is valued at £2,263 per sq meter (£210 per sq foot).
The average size of a house on MERTHYR DYFAN ROAD is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Merthyr Dyfan Road | |
| Feb 2024 | Anti-social behaviour | On or near Merthyr Dyfan Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Merthyr Dyfan Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pendine Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pendine Close |