£316,368
This estimated value is based upon the latest sale price for the house of £184,495 on 31 Jul 2012. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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| Price Paid | Date |
|---|---|
| £184,495 | 31 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLAENAU GWENT to estimate the market value.
When this house was purchased in July 2012 the House Price Index for BLAENAU GWENT was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £184,495 results in an estimated price of approximately £316,368.
| 31 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £184,495 | £131,873 | £316,368 |
The Postcode Pricing Model uses changes in average sales price within the NP22 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 | 83.366 % | £153,805 | £338,300 |
| 3 Month Average | 115.740 % | £213,534 | £398,029 |
| 6 Month Average | 74.399 % | £137,262 | £321,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £504,380 | £500,000 | 44 LARCH LANE |
| 4 Apr 2024 | £242,102 | £240,000 | 16 COPPER BEECH DRIVE |
| 24 Nov 2023 | £258,563 | £252,000 | 45 LARCH LANE |
| 30 Jun 2023 | £484,714 | £475,000 | 23 COPPER BEECH DRIVE |
| 31 Aug 2022 | £346,621 | £345,000 | 27 LARCH LANE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 20 Jul 2012. Using an estimated price of £316,368 means this house is valued at £2,572 per sq meter (£238 per sq foot).
The average size of a house on COPPER BEECH DRIVE is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Walnut Close |
| Jul 2024 | Anti-social behaviour | On or near Larch Lane | |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Larch Lane |
| Jul 2024 | Anti-social behaviour | On or near Larch Lane | |
| Jul 2024 | Anti-social behaviour | On or near Larch Lane |