£226,744
This estimated value is based upon the latest sale price for the house of £184,000 on 1 Oct 2018. This value is then adjusted by the current Official House Price Index for CAERPHILLY 1
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| Price Paid | Date |
|---|---|
| £184,000 | 1 Oct 2018 |
| £144,500 | 14 Oct 2011 |
| £141,000 | 28 Aug 2008 |
| £185,000 | 19 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for CAERPHILLY to estimate the market value.
When this house was purchased in October 2018 the House Price Index for CAERPHILLY was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £184,000 results in an estimated price of approximately £226,744.
| 1 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £184,000 | £42,744 | £226,744 |
The Postcode Pricing Model uses changes in average sales price within the CF83 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 | 34.260 % | £63,037 | £247,037 |
| 3 Month Average | 19.778 % | £36,391 | £220,391 |
| 6 Month Average | 49.532 % | £91,139 | £275,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £295,178 | £292,000 | 50 DRUM TOWER VIEW |
| 29 Apr 2022 | £268,778 | £261,000 | 3 KNIGHTS WALK |
| 26 Jan 2022 | £373,605 | £355,000 | 2 KNIGHTS WALK |
| 17 Dec 2021 | £118,601 | £110,700 | FLAT E 11 KNIGHTS WALK |
| 16 Dec 2021 | £305,992 | £285,606 | 19 KNIGHTS WALK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Jun 2020. Using an estimated price of £226,745 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on DRUM TOWER VIEW is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trem Twr Y Drwm |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trem Twr Y Drwm |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Trem Twr Y Drwm |
| Dec 2023 | Anti-social behaviour | On or near Trem Twr Y Drwm | |
| Dec 2023 | Anti-social behaviour | On or near Trem Twr Y Drwm |