£307,098
This estimated value is based upon the latest sale price for the house of £227,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for BRIDGEND 1
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| Price Paid | Date |
|---|---|
| £227,000 | 26 May 2016 |
| £168,000 | 29 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2016 the House Price Index for BRIDGEND was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £227,000 results in an estimated price of approximately £307,098.
| 26 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £227,000 | £80,098 | £307,098 |
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 | 39.419 % | £89,480 | £316,480 |
| 3 Month Average | 36.451 % | £82,744 | £309,744 |
| 6 Month Average | 58.906 % | £133,715 | £360,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £392,047 | £380,000 | 20 ORCHARD DRIVE |
| 30 Nov 2023 | £692,581 | £675,000 | 38 DANYGRAIG AVENUE |
| 1 Sep 2023 | £368,115 | £360,000 | 5 OAKENGATES |
| 22 Jun 2023 | £336,748 | £330,000 | 15 ORCHARD DRIVE |
| 16 Feb 2023 | £352,354 | £350,000 | 3 CHERRY TREE AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 Feb 2014. Using an estimated price of £307,098 means this house is valued at £4,206 per sq meter (£390 per sq foot).
The average size of a house on ORCHARD DRIVE is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |