£163,264
This estimated value is based upon the latest sale price for the house of £137,500 on 10 Sep 2020. This value is then adjusted by the current Official House Price Index for DENBIGHSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 10 Sep 2020 |
| £127,500 | 31 Jan 2008 |
| £130,000 | 16 Sep 2005 |
| £96,000 | 5 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for DENBIGHSHIRE to estimate the market value.
When this house was purchased in September 2020 the House Price Index for DENBIGHSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £137,500 results in an estimated price of approximately £163,264.
| 10 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £137,500 | £25,764 | £163,264 |
The Postcode Pricing Model uses changes in average sales price within the LL18 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 | -12.585 % | £-17,304 | £120,195 |
| 3 Month Average | 6.668 % | £9,168 | £146,668 |
| 6 Month Average | 16.470 % | £22,645 | £160,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £151,943 | £150,000 | 26 MERLLYN ROAD |
| 18 Sep 2023 | £167,137 | £165,000 | 15 DYSERTH ROAD |
| 15 Sep 2023 | £187,396 | £185,000 | 8 HANDSWORTH CRESCENT |
| 28 Apr 2023 | £168,818 | £167,000 | 33 MERLLYN ROAD |
| 24 Mar 2023 | £156,474 | £155,000 | 41 WEAVER AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 15 Feb 2013. Using an estimated price of £163,265 means this house is valued at £1,470 per sq meter (£136 per sq foot).
The average size of a house on MERLLYN ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Handsworth Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Weaver Avenue |
| Jan 2024 | Anti-social behaviour | On or near Westminster Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Westminster Avenue |