£67,042
This estimated value is based upon the latest sale price for the house of £51,000 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £51,000 | 15 Jul 2016 |
| £28,500 | 11 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2016 the House Price Index for MERTHYR TYDFIL was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £51,000 results in an estimated price of approximately £67,042.
| 15 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £51,000 | £16,042 | £67,042 |
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 | 17.398 % | £8,872 | £59,872 |
| 3 Month Average | 3.076 % | £1,568 | £52,568 |
| 6 Month Average | 39.178 % | £19,980 | £70,980 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Apr 2016.
The average size of a house on ALDER GROVE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Poplar Way |
| Mar 2024 | Other crime | Under investigation | On or near Poplar Way |
| Jan 2024 | Anti-social behaviour | On or near Poplar Way |