£227,627
This estimated value is based upon the latest sale price for the house of £175,000 on 21 Nov 2016. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £175,000 | 21 Nov 2016 |
| £75,000 | 4 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 November 2016 the House Price Index for MERTHYR TYDFIL was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £175,000 results in an estimated price of approximately £227,627.
| 21 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £175,000 | £52,627 | £227,627 |
The Postcode Pricing Model uses changes in average sales price within the CF48 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 | -7.709 % | £-13,491 | £161,508 |
| 3 Month Average | 31.332 % | £54,830 | £229,830 |
| 6 Month Average | 41.920 % | £73,360 | £248,360 |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 14 Jul 2016.
The average size of a house on LAKESIDE GARDENS is 150 sq meters (1,616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lakeside Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heol-Y-Cae |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heol-Y-Cae |
| Feb 2024 | Other theft | Under investigation | On or near Heol-Y-Cae |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heol-Y-Cae |