£102,593
This estimated value is based upon the latest sale price for the house of £78,570 on 1 Mar 2017. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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Price Paid | Date |
---|---|
£78,570 | 1 Mar 2017 |
£35,000 | 8 Jan 2016 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLAENAU GWENT to estimate the market value.
When this house was purchased in March 2017 the House Price Index for BLAENAU GWENT was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £78,570 results in an estimated price of approximately £102,593.
1 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £78,570 | £24,023 | £102,593 |
The Postcode Pricing Model uses changes in average sales price within the NP13 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 | 49.208 % | £38,663 | £117,233 |
3 Month Average | 60.370 % | £47,432 | £126,002 |
6 Month Average | 63.104 % | £49,581 | £128,151 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £70,077 | £69,000 | 26 KING STREET |
18 Dec 2023 | £74,798 | £72,500 | 8 QUEEN STREET |
14 Dec 2023 | £84,600 | £82,000 | 54 PRINCESS STREET |
21 Sep 2023 | £62,375 | £61,000 | 74 SOMERSET STREET |
5 Jun 2023 | £234,703 | £230,000 | 82 SOMERSET STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Nov 2016. Using an estimated price of £102,593 means this house is valued at £1,282 per sq meter (£119 per sq foot).
The average size of a house on QUEEN STREET is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Somerset Street |
Jul 2024 | Public order | Under investigation | On or near Somerset Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Somerset Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Somerset Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerset Street |