£165,775
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Aug 2022. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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Price Paid | Date |
---|---|
£165,000 | 5 Aug 2022 |
£75,000 | 17 Feb 2012 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 519 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLAENAU GWENT to estimate the market value.
When this house was purchased in August 2022 the House Price Index for BLAENAU GWENT was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £165,000 results in an estimated price of approximately £165,775.
5 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £165,000 | £775 | £165,775 |
The Postcode Pricing Model uses changes in average sales price within the NP22 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 | -23.960 % | £-39,533 | £125,466 |
3 Month Average | 30.600 % | £50,490 | £215,490 |
6 Month Average | 2.152 % | £3,550 | £168,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 May 2024 | £245,000 | £245,000 | 2 ADEN VILLAS |
1 Feb 2023 | £148,492 | £147,500 | 74 PEACEHAVEN |
15 Sep 2022 | £341,272 | £341,500 | 8 LAUREL GROVE |
17 Aug 2022 | £128,601 | £128,000 | 52 PEACEHAVEN |
5 Aug 2022 | £165,775 | £165,000 | 124 PEACEHAVEN |
This house has a floor area of 48 sq meters or 519 sq feet when measured on 30 Sep 2011. Using an estimated price of £165,775 means this house is valued at £3,433 per sq meter (£318 per sq foot).
The average size of a house on PEACEHAVEN is 74 sq meters (800 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Peacehaven |