£43,139
This estimated value is based upon the latest sale price for the house of £35,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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| Price Paid | Date |
|---|---|
| £35,000 | 26 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 2020 the House Price Index for BLAENAU GWENT was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £35,000 results in an estimated price of approximately £43,139.
| 26 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £35,000 | £8,139 | £43,139 |
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 | 49.208 % | £17,222 | £52,222 |
| 3 Month Average | 53.925 % | £18,873 | £53,873 |
| 6 Month Average | 69.569 % | £24,349 | £59,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £148,777 | £145,000 | 28 GEORGE DAGGAR AVENUE |
| 10 Nov 2023 | £66,693 | £65,000 | 21 ARAEL VIEW |
| 20 Sep 2023 | £92,029 | £90,000 | 2 CYRIL PLACE |
| 7 Sep 2023 | £143,156 | £140,000 | 25 MORLEY ROAD |
| 11 Aug 2023 | £178,214 | £175,000 | THE BUNGALOW ROSEHEYWORTH ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 10 Dec 2019. Using an estimated price of £43,139 means this house is valued at £463 per sq meter (£43 per sq foot).
The average size of a house on ARRAEL VIEW is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Arael View |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Arael View |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arael View |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Arael View |
| Oct 2024 | Anti-social behaviour | On or near Arael View |