£311,226
This estimated value is based upon the latest sale price for the house of £300,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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Price Paid | Date |
---|---|
£300,000 | 8 Apr 2022 |
£249,995 | 22 Mar 2019 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 April 2022 the House Price Index for TORFAEN was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £300,000 results in an estimated price of approximately £311,226.
8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £300,000 | £11,226 | £311,226 |
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 | -10.588 % | £-31,763 | £268,236 |
3 Month Average | 14.002 % | £42,005 | £342,005 |
6 Month Average | 15.771 % | £47,313 | £347,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £201,182 | £195,000 | 47 OAKFIELD ROAD |
27 Oct 2023 | £363,250 | £355,000 | 21 OAKFIELD GRANGE |
24 Apr 2023 | £198,717 | £195,000 | 10 OAKFIELD GRANGE |
2 Mar 2023 | £152,548 | £150,000 | 15 OAKFIELD ROAD |
8 Aug 2022 | £261,221 | £260,000 | 217 LLANTARNAM ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Jan 2019. Using an estimated price of £311,227 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on OAKFIELD GRANGE is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Grange |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oakfield Grange |
Jun 2024 | Other crime | Under investigation | On or near Oakfield Grange |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakfield Grange |
May 2024 | Other theft | Unable to prosecute suspect | On or near Oakfield Grange |