£146,890
This estimated value is based upon the latest sale price for the house of £149,995 on 2 Sep 2022. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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| Price Paid | Date |
|---|---|
| £149,995 | 2 Sep 2022 |
| £42,000 | 15 Feb 1999 |
| £30,000 | 16 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLAENAU GWENT to estimate the market value.
When this house was purchased in September 2022 the House Price Index for BLAENAU GWENT was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £149,995 results in an estimated price of approximately £146,890.
| 2 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £149,995 | £-3,104 | £146,890 |
The Postcode Pricing Model uses changes in average sales price within the NP13 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 | -41.048 % | £-61,569 | £88,425 |
| 3 Month Average | -13.098 % | £-19,645 | £130,349 |
| 6 Month Average | -8.396 % | £-12,594 | £137,400 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Sep 2015.
The average size of a house on MELBOURNE ROAD is 143 sq meters (1,544 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Road |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road |