£287,297
This estimated value is based upon the latest sale price for the house of £282,500 on 16 Mar 2023. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £282,500 | 16 Mar 2023 |
| £140,000 | 11 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,046 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 March 2023 the House Price Index for MERTHYR TYDFIL was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £282,500 results in an estimated price of approximately £287,297.
| 16 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £282,500 | £4,797 | £287,297 |
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 | -28.827 % | £-81,435 | £201,064 |
| 3 Month Average | 16.580 % | £46,837 | £329,337 |
| 6 Month Average | 24.119 % | £68,137 | £350,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £102,045 | £100,000 | 16 GILFACH CYNON |
| 21 Apr 2023 | £86,620 | £85,000 | 15 PENUEL STREET |
| 12 Apr 2023 | £135,026 | £132,500 | 45 ST TYDFILS AVENUE |
| 16 Mar 2023 | £287,298 | £282,500 | 8 ELWYN DRIVE |
| 31 Jan 2023 | £127,842 | £127,500 | 25 ST TYDFILS AVENUE |
This house has a floor area of 97 sq meters or 1,046 sq feet when measured on 23 Oct 2008. Using an estimated price of £287,298 means this house is valued at £2,954 per sq meter (£274 per sq foot).
The average size of a house on ELWYN DRIVE is 133 sq meters (1,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parfitt Terrace |
| Oct 2024 | Anti-social behaviour | On or near Morrell Street | |
| Oct 2024 | Vehicle crime | Under investigation | On or near St Tydfil'S Avenue |
| Oct 2024 | Shoplifting | Under investigation | On or near Bryn Street |
| Sep 2024 | Anti-social behaviour | On or near Bryn Street |