£96,058
This estimated value is based upon the latest sale price for the house of £30,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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| Price Paid | Date |
|---|---|
| £30,000 | 12 Oct 2001 |
| £39,000 | 31 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 October 2001 the House Price Index for BLAENAU GWENT was 45.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 220.194%.Applying this 220.194% change to the original purchase price of £30,000 results in an estimated price of approximately £96,058.
| 12 Oct 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 146.7 | 220.194 % | £30,000 | £66,058 | £96,058 |
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 | 385.372 % | £115,611 | £145,611 |
| 3 Month Average | 283.968 % | £85,190 | £115,190 |
| 6 Month Average | 275.540 % | £82,662 | £112,662 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 23 Jul 2019.
The average size of a house on MELBOURNE ROAD is 143 sq meters (1,544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Road |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Rhiw Park Road |