£324,519
This estimated value is based upon the latest sale price for the house of £242,500 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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| Price Paid | Date |
|---|---|
| £242,500 | 9 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIDGEND to estimate the market value.
When this house was purchased in September 2016 the House Price Index for BRIDGEND was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £242,500 results in an estimated price of approximately £324,519.
| 9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £242,500 | £82,019 | £324,519 |
The Postcode Pricing Model uses changes in average sales price within the CF36 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 | 71.185 % | £172,622 | £415,122 |
| 3 Month Average | 59.760 % | £144,917 | £387,417 |
| 6 Month Average | 55.882 % | £135,513 | £378,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £319,828 | £310,000 | 6 WILLOW CLOSE |
| 8 Dec 2023 | £474,583 | £460,000 | 10 LINDEN WAY |
| 5 Dec 2023 | £319,828 | £310,000 | 4 CEDAR GARDENS |
| 3 Nov 2023 | £430,939 | £420,000 | 9 LINDEN WAY |
| 21 Sep 2023 | £342,551 | £335,000 | 17 CHESTNUT DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 May 2016. Using an estimated price of £324,519 means this house is valued at £3,863 per sq meter (£358 per sq foot).
The average size of a house on CHESTNUT DRIVE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Willow Close |