£291,619
This estimated value is based upon the latest sale price for the house of £171,000 on 8 May 2012. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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| Price Paid | Date |
|---|---|
| £171,000 | 8 May 2012 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 2012 the House Price Index for BRIDGEND was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £171,000 results in an estimated price of approximately £291,619.
| 8 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £171,000 | £120,619 | £291,619 |
The Postcode Pricing Model uses changes in average sales price within the CF31 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 | 81.547 % | £139,445 | £310,445 |
| 3 Month Average | 54.235 % | £92,741 | £263,741 |
| 6 Month Average | 57.166 % | £97,754 | £268,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £488,548 | £480,000 | 17 THE RETREAT |
| 29 Aug 2023 | £597,729 | £592,500 | 1 THE RETREAT |
| 24 Mar 2023 | £466,899 | £462,500 | 2 ISLAND FARM CLOSE |
| 17 Mar 2023 | £237,235 | £235,000 | 17 PRESWYLFA COURT |
| 26 Oct 2022 | £598,555 | £605,000 | 132 MERTHYR MAWR ROAD |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 12 May 2016. Using an estimated price of £291,619 means this house is valued at £1,620 per sq meter (£150 per sq foot).
The average size of a house on ISLAND FARM ROAD is 184 sq meters (1,988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Island Farm Road |
| Mar 2024 | Anti-social behaviour | On or near Island Farm Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Retreat |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Merthyr Mawr Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Mount Earl |