£318,059
This estimated value is based upon the latest sale price for the house of £300,000 on 21 Jan 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 | 21 Jan 2022 |
| Detached |
| Freehold |
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 January 2022 the House Price Index for TORFAEN was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £300,000 results in an estimated price of approximately £318,059.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £300,000 | £18,059 | £318,059 |
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 | 23.075 % | £69,223 | £369,223 |
| 3 Month Average | -1.586 % | £-4,759 | £295,240 |
| 6 Month Average | 13.887 % | £41,662 | £341,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £76,743 | £75,000 | 6 TYNEWYDD AVENUE |
| 1 Aug 2023 | £106,929 | £105,000 | 5 TYNEWYDD AVENUE |
| 23 Jun 2023 | £107,147 | £105,000 | 8 GROVE PARK |
| 12 Jun 2023 | £117,352 | £115,000 | 30 LOWLANDS ROAD |
| 17 Mar 2023 | £320,350 | £315,000 | LYNTON GROVE PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Highland Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highland Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Street |
| Jul 2024 | Anti-social behaviour | On or near Brook Street | |
| Jul 2024 | Anti-social behaviour | On or near Brook Street |