£70,155
This estimated value is based upon the latest sale price for the house of £65,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for NEATH PORT TALBOT 1
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| Price Paid | Date |
|---|---|
| £65,000 | 6 Dec 2021 |
| £56,000 | 3 Jul 2017 |
| £64,000 | 22 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEATH PORT TALBOT to estimate the market value.
When this house was purchased in December 2021 the House Price Index for NEATH PORT TALBOT was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £65,000 results in an estimated price of approximately £70,155.
| 6 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £65,000 | £5,155 | £70,155 |
The Postcode Pricing Model uses changes in average sales price within the SA11 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 | 19.519 % | £12,687 | £77,687 |
| 3 Month Average | 9.356 % | £6,081 | £71,081 |
| 6 Month Average | 8.501 % | £5,525 | £70,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £82,485 | £79,950 | 26 CRYTHAN ROAD |
| 6 Dec 2023 | £140,311 | £136,000 | 13 MARSHFIELD ROAD |
| 17 Nov 2023 | £87,214 | £85,000 | 27 OLD ROAD |
| 1 Nov 2023 | £138,516 | £135,000 | 8 ROCKFIELD TERRACE |
| 17 Oct 2023 | £138,137 | £135,000 | 89 BRITON FERRY ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Jan 2013. Using an estimated price of £70,155 means this house is valued at £762 per sq meter (£70 per sq foot).
The average size of a house on EXCHANGE ROAD is 88 sq meters (949 sq feet).