£582,868
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Jan 1998. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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Price Paid | Date |
---|---|
£120,000 | 19 Jan 1998 |
£99,000 | 17 Nov 1995 |
Detached |
Leasehold |
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 January 1998 the House Price Index for TORFAEN was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £120,000 results in an estimated price of approximately £582,868.
19 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £120,000 | £462,868 | £582,868 |
The Postcode Pricing Model uses changes in average sales price within the NP44 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 | 196.144 % | £235,372 | £355,372 |
3 Month Average | 279.935 % | £335,921 | £455,921 |
6 Month Average | 334.760 % | £401,712 | £521,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £340,000 | £340,000 | 4 THE PADDOCKS |
27 Apr 2024 | £242,102 | £240,000 | 90 BEAUMARIS DRIVE |
26 Mar 2024 | £314,837 | £310,000 | 34 CROWN RISE |
20 Oct 2023 | £189,811 | £185,500 | 28 LUDLOW CLOSE |
15 Mar 2023 | £447,473 | £440,000 | 12 THE ALDERS |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Alders |
Aug 2024 | Burglary | Awaiting court outcome | On or near Penarth Court |
Aug 2024 | Burglary | Awaiting court outcome | On or near Penarth Court |
Jul 2024 | Anti-social behaviour | On or near Park/Open Space | |
Jul 2024 | Anti-social behaviour | On or near Park/Open Space |