£68,442
This estimated value is based upon the latest sale price for the house of £55,000 on 13 Feb 2019. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £55,000 | 13 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2019 the House Price Index for MERTHYR TYDFIL was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £55,000 results in an estimated price of approximately £68,442.
| 13 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £55,000 | £13,442 | £68,442 |
The Postcode Pricing Model uses changes in average sales price within the CF47 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 | -11.179 % | £-6,148 | £48,851 |
| 3 Month Average | 63.884 % | £35,136 | £90,136 |
| 6 Month Average | 64.849 % | £35,666 | £90,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £159,914 | £155,000 | 2 WALTERS TERRACE |
| 6 Oct 2023 | £160,649 | £157,000 | 3 PARFITT TERRACE |
| 23 Jun 2023 | £133,679 | £131,000 | 71 LUTHER STREET |
| 21 Apr 2023 | £86,620 | £85,000 | 15 PENUEL STREET |
| 16 Mar 2023 | £287,298 | £282,500 | 8 ELWYN DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Oct 2018. Using an estimated price of £68,443 means this house is valued at £924 per sq meter (£85 per sq foot).
The average size of a house on GILFACH CYNON is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parfitt Terrace |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walter'S Terrace |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Clos Yr Ysgol |
| Oct 2024 | Shoplifting | Under investigation | On or near Bryn Street |
| Sep 2024 | Anti-social behaviour | On or near Bryn Street |