£59,298
This estimated value is based upon the latest sale price for the house of £48,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £48,000 | 29 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 March 2019 the House Price Index for MERTHYR TYDFIL was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £48,000 results in an estimated price of approximately £59,298.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £48,000 | £11,298 | £59,298 |
The Postcode Pricing Model uses changes in average sales price within the CF46 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 | 48.630 % | £23,342 | £71,342 |
| 3 Month Average | 39.166 % | £18,799 | £66,799 |
| 6 Month Average | 14.587 % | £7,001 | £55,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £101,295 | £100,000 | 6 SUSANNAH PLACE |
| 9 Aug 2023 | £138,209 | £137,000 | 22 FIR TREE DRIVE |
| 19 Jul 2023 | £145,965 | £144,000 | 6 IFOR PLACE |
| 3 Feb 2023 | £189,872 | £190,000 | 9 PLEASANT VIEW CARDIFF ROAD |
| 26 Jan 2023 | £114,461 | £115,000 | 1 BRYNTEG |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 26 Feb 2020. Using an estimated price of £59,299 means this house is valued at £912 per sq meter (£84 per sq foot).
The average size of a house on GRESHAM PLACE is 93 sq meters (1,003 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gresham Place |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gresham Place |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |