£77,059
This estimated value is based upon the latest sale price for the house of £60,000 on 12 Jul 2017. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£60,000 | 12 Jul 2017 |
£58,000 | 19 Mar 2008 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2017 the House Price Index for MERTHYR TYDFIL was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £60,000 results in an estimated price of approximately £77,059.
12 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £60,000 | £17,059 | £77,059 |
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 | 17.636 % | £10,581 | £70,581 |
3 Month Average | 60.206 % | £36,123 | £96,123 |
6 Month Average | 64.202 % | £38,521 | £98,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £116,007 | £115,000 | 5 YEW CLOSE |
27 Mar 2024 | £96,482 | £95,000 | 48 PLANE GROVE |
20 Mar 2023 | £124,581 | £122,500 | 12 MAPLE CLOSE |
16 Feb 2023 | £92,619 | £92,000 | 18 PINE CLOSE |
23 Jan 2023 | £72,694 | £72,500 | 19 FIR TREE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Jan 2017. Using an estimated price of £77,060 means this house is valued at £963 per sq meter (£89 per sq foot).
The average size of a house on ALDER GROVE is 85 sq meters (922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alder Grove |
Oct 2024 | Other theft | Under investigation | On or near Poplar Way |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Poplar Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Way |
Oct 2024 | Public order | Under investigation | On or near Parking Area |