£218,054
This estimated value is based upon the latest sale price for the house of £140,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 May 2014 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £140,000 results in an estimated price of approximately £218,054.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £140,000 | £78,054 | £218,054 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 65.389 % | £91,544 | £231,544 |
| 3 Month Average | 59.580 % | £83,411 | £223,411 |
| 6 Month Average | 56.600 % | £79,240 | £219,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £208,000 | £208,000 | 3 PONTYPOOL AVENUE |
| 28 Jun 2024 | £170,000 | £170,000 | 24 PENARTH GROVE |
| 20 Dec 2023 | £237,291 | £230,000 | 7 ABERGAVENNY WALK |
| 1 Sep 2023 | £265,861 | £260,000 | 3 ABERGAVENNY WALK |
| 26 Jun 2023 | £204,090 | £200,000 | 11 ABERGAVENNY WALK |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Sep 2012. Using an estimated price of £218,055 means this house is valued at £3,574 per sq meter (£332 per sq foot).
The average size of a house on ABERGAVENNY WALK is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Pontypool Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pontypool Avenue |
| Aug 2024 | Anti-social behaviour | On or near Pontypool Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Pontypool Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Craigends Avenue |