£277,490
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2020 the House Price Index for BRIDGEND was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £240,000 results in an estimated price of approximately £277,490.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £240,000 | £37,490 | £277,490 |
The Postcode Pricing Model uses changes in average sales price within the CF36 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 | 29.199 % | £70,076 | £310,076 |
| 3 Month Average | 22.863 % | £54,871 | £294,871 |
| 6 Month Average | 27.149 % | £65,156 | £305,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £585,000 | £585,000 | 46 LOCKS LANE |
| 22 Jun 2023 | £382,158 | £374,500 | 8 SEVERN ROAD |
| 27 Apr 2023 | £417,815 | £410,000 | 9 PENYLAN AVENUE |
| 6 Jan 2023 | £401,072 | £400,000 | 17 SEVERN ROAD |
| 25 Mar 2022 | £532,406 | £510,000 | THE MOORINGS, 18 LOCKS LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 Mar 2020. Using an estimated price of £277,490 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on PENYLAN AVENUE is 133 sq meters (1,437 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Penylan Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penylan Avenue |
| Oct 2024 | Anti-social behaviour | On or near Adrian Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Adrian Close |
| Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Lock'S Common Road |