£168,105
This estimated value is based upon the latest sale price for the house of £138,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £138,000 | 17 Jul 2020 |
| £67,000 | 19 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 sq feet |
This model uses changes in the Official Land Registry House Price Index for MERTHYR TYDFIL to estimate the market value.
When this house was purchased in July 2020 the House Price Index for MERTHYR TYDFIL was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £138,000 results in an estimated price of approximately £168,105.
| 17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £138,000 | £30,105 | £168,105 |
The Postcode Pricing Model uses changes in average sales price within the CF46 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 | -30.523 % | £-42,121 | £95,878 |
| 3 Month Average | 9.024 % | £12,453 | £150,453 |
| 6 Month Average | 40.036 % | £55,249 | £193,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £130,000 | £130,000 | 2 THOMAS STREET |
| 5 Dec 2023 | £110,392 | £107,000 | 9 OAKLANDS TERRACE |
| 24 Nov 2023 | £159,037 | £155,000 | FLAT 2 1 GLENVIEW VILLAS |
| 18 Aug 2023 | £94,708 | £93,000 | 6 BARGOED TERRACE |
| 22 Jun 2023 | £107,147 | £105,000 | 13 WILLIAMS TERRACE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Dec 2019. Using an estimated price of £168,105 means this house is valued at £1,751 per sq meter (£162 per sq foot).
The average size of a house on OAKLANDS TERRACE is 126 sq meters (1,363 sq feet).
This house is the smallest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakland Terrace |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Williams Terrace |
| Oct 2024 | Anti-social behaviour | On or near Williams Terrace | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Williams Terrace |