£118,648
This estimated value is based upon the latest sale price for the house of £85,000 on 19 Jan 2016. This value is then adjusted by the current Official House Price Index for NEATH PORT TALBOT 1
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| Price Paid | Date |
|---|---|
| £85,000 | 19 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEATH PORT TALBOT to estimate the market value.
When this house was purchased in January 2016 the House Price Index for NEATH PORT TALBOT was 72.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 39.586%.Applying this 39.586% change to the original purchase price of £85,000 results in an estimated price of approximately £118,648.
| 19 Jan 2016 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.5 | 101.2 | 39.586 % | £85,000 | £33,648 | £118,648 |
The Postcode Pricing Model uses changes in average sales price within the SA12 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 | 114.229 % | £97,094 | £182,094 |
| 3 Month Average | 69.878 % | £59,396 | £144,396 |
| 6 Month Average | 56.044 % | £47,637 | £132,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2024 | £160,000 | £160,000 | 15 GREIG CLOSE |
| 6 Dec 2024 | £185,000 | £185,000 | 243 WESTERN AVENUE |
| 5 Dec 2024 | £200,000 | £200,000 | 228 WESTERN AVENUE |
| 29 Nov 2024 | £148,440 | £148,000 | 8A GREIG CLOSE |
| 17 Nov 2023 | £171,086 | £165,000 | 214 WESTERN AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 1 Oct 2015. Using an estimated price of £118,648 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on PURPLE CLOSE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Purple Close |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cerise Close |
| Jan 2025 | Drugs | Awaiting court outcome | On or near Lupin Close |
| Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Lupin Close |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lupin Close |