£216,354
This estimated value is based upon the latest sale price for the house of £163,000 on 14 Nov 2016. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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| Price Paid | Date |
|---|---|
| £163,000 | 14 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 November 2016 the House Price Index for BRIDGEND was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £163,000 results in an estimated price of approximately £216,354.
| 14 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £163,000 | £53,354 | £216,354 |
The Postcode Pricing Model uses changes in average sales price within the CF34 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 | 28.434 % | £46,348 | £209,348 |
| 3 Month Average | 35.031 % | £57,100 | £220,100 |
| 6 Month Average | 30.755 % | £50,130 | £213,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £310,000 | £310,000 | 11 FAIRMEADOWS |
| 4 Aug 2023 | £211,311 | £207,500 | 47 FAIRMEADOWS |
| 2 Jun 2023 | £124,495 | £122,000 | 31 MILL STREET |
| 31 May 2022 | £192,515 | £187,500 | 50 FAIRMEADOWS |
| 22 Apr 2022 | £207,484 | £200,000 | 38 FAIRMEADOWS |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 2 Sep 2014. Using an estimated price of £216,355 means this house is valued at £2,022 per sq meter (£187 per sq foot).
The average size of a house on FAIRMEADOWS is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Mill Street |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Mill Street |
| Jun 2024 | Public order | On or near Garth (Mid-Glamorgan) (Station) | |
| Jun 2024 | Criminal damage and arson | On or near Garth (Mid-Glamorgan) (Station) | |
| Jun 2024 | Public order | On or near Garth (Mid-Glamorgan) (Station) |