£288,930
This estimated value is based upon the latest sale price for the house of £287,000 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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| Price Paid | Date |
|---|---|
| £287,000 | 28 Feb 2023 |
| £230,000 | 16 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
This model uses changes in the Official Land Registry House Price Index for TORFAEN to estimate the market value.
When this house was purchased in February 2023 the House Price Index for TORFAEN was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £287,000 results in an estimated price of approximately £288,930.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £287,000 | £1,930 | £288,930 |
The Postcode Pricing Model uses changes in average sales price within the NP44 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 | -21.774 % | £-62,491 | £224,508 |
| 3 Month Average | -8.776 % | £-25,188 | £261,811 |
| 6 Month Average | 8.296 % | £23,810 | £310,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £245,359 | £239,950 | 18 BROADWEIR ROAD |
| 26 Jun 2023 | £183,681 | £180,000 | 6 COUNCIL HOUSES |
| 16 Jun 2023 | £214,294 | £210,000 | 82 WESLEY STREET |
| 27 Apr 2023 | £154,897 | £152,000 | 26 STAR STREET |
| 6 Mar 2023 | £315,265 | £310,000 | 2 WESLEY CLOSE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 4 Jul 2019. Using an estimated price of £288,930 means this house is valued at £2,063 per sq meter (£191 per sq foot).
The average size of a house on BROADWEIR ROAD is 104 sq meters (1,126 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Street |
| Aug 2024 | Anti-social behaviour | On or near Wesley Street | |
| Aug 2024 | Anti-social behaviour | On or near Wesley Street | |
| Aug 2024 | Anti-social behaviour | On or near Wesley Street | |
| Aug 2024 | Anti-social behaviour | On or near Wesley Street |