£441,779
This estimated value is based upon the latest sale price for the house of £244,950 on 31 Jan 2006. This value is then adjusted by the current Official House Price Index for CAERPHILLY 1
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| Price Paid | Date |
|---|---|
| £244,950 | 31 Jan 2006 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 sq feet |
This model uses changes in the Official Land Registry House Price Index for CAERPHILLY to estimate the market value.
When this house was purchased in January 2006 the House Price Index for CAERPHILLY was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £244,950 results in an estimated price of approximately £441,779.
| 31 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £244,950 | £196,829 | £441,779 |
The Postcode Pricing Model uses changes in average sales price within the CF83 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 | 90.422 % | £221,487 | £466,437 |
| 3 Month Average | 79.243 % | £194,105 | £439,055 |
| 6 Month Average | 80.880 % | £198,114 | £443,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £131,638 | £129,000 | FLAT C 39 DRUM TOWER VIEW |
| 28 Apr 2023 | £297,566 | £292,000 | 50 DRUM TOWER VIEW |
| 29 Apr 2022 | £270,767 | £261,000 | 3 KNIGHTS WALK |
| 26 Jan 2022 | £376,370 | £355,000 | 2 KNIGHTS WALK |
| 17 Dec 2021 | £119,479 | £110,700 | FLAT E 11 KNIGHTS WALK |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 1 Aug 2013. Using an estimated price of £441,779 means this house is valued at £3,841 per sq meter (£356 per sq foot).
The average size of a house on DRUM TOWER VIEW is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Local resolution | On or near Trem Twr Y Drwm |
| Oct 2024 | Other theft | Local resolution | On or near Trem Twr Y Drwm |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cae Meillion |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cae Meillion |
| Sep 2024 | Shoplifting | Under investigation | On or near Cae Meillion |