£277,739
This estimated value is based upon the latest sale price for the house of £228,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £228,000 | 31 Jul 2020 |
| £220,000 | 9 Dec 2019 |
| £170,000 | 17 Feb 2017 |
| £179,995 | 19 May 2006 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 sq feet |
This model uses changes in the Official Land Registry House Price Index for MERTHYR TYDFIL to estimate the market value.
When this house was purchased in July 2020 the House Price Index for MERTHYR TYDFIL was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £228,000 results in an estimated price of approximately £277,739.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £228,000 | £49,739 | £277,739 |
The Postcode Pricing Model uses changes in average sales price within the CF47 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 | -34.170 % | £-77,908 | £150,091 |
| 3 Month Average | 36.870 % | £84,062 | £312,062 |
| 6 Month Average | 49.891 % | £113,750 | £341,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2022 | £286,116 | £280,000 | 30 CEDAR CLOSE |
| 3 May 2022 | £282,356 | £275,000 | 3 CEDAR CLOSE |
| 8 Apr 2022 | £231,345 | £223,000 | 8 HAWTHORN DRIVE |
| 8 Apr 2022 | £499,519 | £481,500 | TREBEDDAU FARM |
| 11 Mar 2022 | £61,493 | £58,905 | 11 HAWTHORN DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 21 Jul 2012. Using an estimated price of £277,739 means this house is valued at £2,186 per sq meter (£203 per sq foot).
The average size of a house on CEDAR CLOSE is 135 sq meters (1,461 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Penheolferthyr | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penheolferthyr |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oak Tree Rise |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Rise |