£157,472
This estimated value is based upon the latest sale price for the house of £94,500 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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| Price Paid | Date |
|---|---|
| £94,500 | 22 Feb 2013 |
| £105,000 | 24 Jul 2008 |
| £86,000 | 11 Jun 2004 |
| £34,950 | 11 Apr 1997 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for TORFAEN to estimate the market value.
When this house was purchased in February 2013 the House Price Index for TORFAEN was 88.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.638%.Applying this 66.638% change to the original purchase price of £94,500 results in an estimated price of approximately £157,472.
| 22 Feb 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 146.7 | 66.638 % | £94,500 | £62,972 | £157,472 |
The Postcode Pricing Model uses changes in average sales price within the NP4 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 | 8.664 % | £8,187 | £102,687 |
| 3 Month Average | 25.944 % | £24,516 | £119,016 |
| 6 Month Average | 31.065 % | £29,356 | £123,856 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Formal action is not in the public interest | On or near Merchant'S Hill Close |