£130,832
This estimated value is based upon the latest sale price for the house of £84,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for NEATH PORT TALBOT 1
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| Price Paid | Date |
|---|---|
| £84,000 | 23 May 2014 |
| £63,000 | 23 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2014 the House Price Index for NEATH PORT TALBOT 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 £84,000 results in an estimated price of approximately £130,832.
| 23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £84,000 | £46,832 | £130,832 |
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 | 61.547 % | £51,699 | £135,699 |
| 3 Month Average | 53.234 % | £44,716 | £128,716 |
| 6 Month Average | 58.556 % | £49,187 | £133,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £146,247 | £144,000 | 15 PIER CLOSE |
| 8 Dec 2023 | £154,755 | £150,000 | 13 OCEAN WAY |
| 29 Nov 2023 | £105,683 | £103,000 | 30 PIER WAY |
| 28 Nov 2023 | £159,037 | £155,000 | 104 WESTERN AVENUE |
| 3 Apr 2023 | £147,764 | £145,000 | 96 WESTERN AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Feb 2014. Using an estimated price of £130,833 means this house is valued at £1,677 per sq meter (£155 per sq foot).
The average size of a house on OCEAN WAY is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Pier Way |
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Parking Area |