£225,884
This estimated value is based upon the latest sale price for the house of £220,000 on 17 May 2022. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 May 2022 |
| £160,000 | 14 Aug 2020 |
| £134,000 | 2 Dec 2016 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BLAENAU GWENT to estimate the market value.
When this house was purchased in May 2022 the House Price Index for BLAENAU GWENT was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £220,000 results in an estimated price of approximately £225,884.
| 17 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £220,000 | £5,884 | £225,884 |
The Postcode Pricing Model uses changes in average sales price within the NP22 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 | 23.452 % | £51,594 | £271,594 |
| 3 Month Average | 0.304 % | £668 | £220,668 |
| 6 Month Average | 0.404 % | £889 | £220,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £201,752 | £200,000 | 22 MEADOW CRESCENT |
| 14 Mar 2024 | £144,724 | £142,500 | 35 GLANHOWY STREET |
| 20 Oct 2023 | £168,835 | £165,000 | SUNNYBANK ST LUKES ROAD |
| 1 Sep 2023 | £153,381 | £150,000 | 11 POLICE ROW |
| 4 Aug 2023 | £152,755 | £150,000 | 18 MEADOW CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Farmers Hill Estate | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Farmers Hill Estate |
| Sep 2024 | Anti-social behaviour | On or near Farmers Hill Estate | |
| Sep 2024 | Anti-social behaviour | On or near Farmers Hill Estate | |
| Jul 2024 | Anti-social behaviour | On or near Farmers Hill Estate |