£115,662
This estimated value is based upon the latest sale price for the house of £85,000 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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| Price Paid | Date |
|---|---|
| £85,000 | 23 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2016 the House Price Index for BRIDGEND was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £85,000 results in an estimated price of approximately £115,662.
| 23 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £85,000 | £30,662 | £115,662 |
The Postcode Pricing Model uses changes in average sales price within the CF34 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 | 25.364 % | £21,559 | £106,559 |
| 3 Month Average | 70.960 % | £60,315 | £145,315 |
| 6 Month Average | 54.149 % | £46,026 | £131,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £115,076 | £113,000 | 11 PIT STREET |
| 9 Jun 2023 | £132,658 | £130,000 | 155 BRIDGEND ROAD |
| 7 Jun 2023 | £156,129 | £153,000 | 51 POND MAWR |
| 2 Jun 2023 | £200,518 | £196,500 | 31 POND MAWR |
| 26 Apr 2023 | £120,249 | £118,000 | 141 BRIDGEND ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Feb 2016. Using an estimated price of £115,663 means this house is valued at £1,502 per sq meter (£139 per sq foot).
The average size of a house on PIT STREET is 76 sq meters (819 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pond Mawr |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pond Mawr |
| Jul 2024 | Drugs | Formal action is not in the public interest | On or near Pond Mawr |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pit Street |