£112,545
This estimated value is based upon the latest sale price for the house of £89,500 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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Price Paid | Date |
---|---|
£89,500 | 6 Apr 2018 |
£80,000 | 28 Aug 2015 |
Flats/Maisonettes |
Leasehold |
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 April 2018 the House Price Index for TORFAEN was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £89,500 results in an estimated price of approximately £112,545.
6 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £89,500 | £23,045 | £112,545 |
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 | 10.281 % | £9,201 | £98,701 |
3 Month Average | 29.293 % | £26,216 | £115,716 |
6 Month Average | 43.543 % | £38,970 | £128,470 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £309,511 | £300,000 | 8 GARW WOOD DRIVE |
15 Sep 2023 | £184,057 | £180,000 | 1 CARDIGAN CRESCENT |
2 Jun 2023 | £244,908 | £240,000 | 21 CHEPSTOW RISE |
17 Mar 2023 | £177,972 | £175,000 | 2 CHEPSTOW CLOSE |
17 Mar 2023 | £188,142 | £185,000 | 43 GLASLYN COURT |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Gower Green |
Oct 2024 | Other crime | Under investigation | On or near Gower Green |
Sep 2024 | Vehicle crime | Under investigation | On or near Gower Green |
Aug 2024 | Anti-social behaviour | On or near Gower Green | |
Aug 2024 | Anti-social behaviour | On or near Gower Green |