£239,604
This estimated value is based upon the latest sale price for the house of £195,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for GWENT 1
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| Price Paid | Date |
|---|---|
| £195,000 | 31 Jan 2020 |
| £84,000 | 3 Apr 2000 |
| £59,000 | 10 Oct 1995 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for GWENT to estimate the market value.
When this house was purchased in January 2020 the House Price Index for GWENT was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £195,000 results in an estimated price of approximately £239,604.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £195,000 | £44,604 | £239,604 |
The Postcode Pricing Model uses changes in average sales price within the NP7 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 | 27.942 % | £54,487 | £249,487 |
| 3 Month Average | 32.740 % | £63,842 | £258,842 |
| 6 Month Average | 37.661 % | £73,438 | £268,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £238,667 | £235,000 | 2 BRIARDENE |
| 24 Nov 2023 | £792,363 | £772,250 | GREENFIELDS MERTHYR ROAD |
| 12 Sep 2023 | £460,143 | £450,000 | 7 CORDELL CLOSE |
| 7 Jun 2023 | £336,748 | £330,000 | HILLVIEW GYPSY CRESCENT |
| 27 Apr 2023 | £275,146 | £270,000 | 2 ROSS COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briardene |
| Aug 2024 | Anti-social behaviour | On or near Briardene | |
| Aug 2024 | Anti-social behaviour | On or near Briardene | |
| Aug 2024 | Anti-social behaviour | On or near Briardene | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cwm Felin |