£94,916
This estimated value is based upon the latest sale price for the house of £92,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for NEATH PORT TALBOT 1
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| Price Paid | Date |
|---|---|
| £92,000 | 15 Dec 2023 |
| £68,000 | 29 May 2020 |
| £82,000 | 2 Nov 2007 |
| £64,950 | 15 Apr 2005 |
| £41,950 | 30 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEATH PORT TALBOT to estimate the market value.
When this house was purchased in December 2023 the House Price Index for NEATH PORT TALBOT was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £92,000 results in an estimated price of approximately £94,916.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £92,000 | £2,916 | £94,916 |
The Postcode Pricing Model uses changes in average sales price within the SA12 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 | 30.392 % | £27,960 | £119,960 |
| 3 Month Average | 6.367 % | £5,857 | £97,857 |
| 6 Month Average | 6.054 % | £5,569 | £97,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £110,000 | £110,000 | 28 HOPKIN STREET |
| 1 May 2024 | £83,000 | £83,000 | 8 VIVIAN TERRACE |
| 19 Apr 2024 | £116,007 | £115,000 | 11 VIVIAN TERRACE |
| 15 Dec 2023 | £94,917 | £92,000 | 12 REES STREET |
| 8 Sep 2023 | £112,480 | £110,000 | 20 JOHN STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Jul 2014. Using an estimated price of £94,917 means this house is valued at £1,103 per sq meter (£102 per sq foot).
The average size of a house on REES STREET is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near New Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hopkin Street |
| Sep 2024 | Anti-social behaviour | On or near Vivian Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Vivian Terrace |