£382,064
This estimated value is based upon the latest sale price for the house of £330,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for CAERPHILLY 1
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Price Paid | Date |
---|---|
£330,000 | 30 Jul 2021 |
Semi-Detached |
Freehold |
Floor Area: 158 sq meters or 1,700 sq feet |
This model uses changes in the Official Land Registry House Price Index for CAERPHILLY to estimate the market value.
When this house was purchased in July 2021 the House Price Index for CAERPHILLY was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £330,000 results in an estimated price of approximately £382,064.
30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £330,000 | £52,064 | £382,064 |
The Postcode Pricing Model uses changes in average sales price within the NP12 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 | 25.664 % | £84,692 | £414,692 |
3 Month Average | -11.590 % | £-38,246 | £291,753 |
6 Month Average | -8.410 % | £-27,754 | £302,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £116,287 | £114,500 | 9 GELLI LANE |
15 Dec 2023 | £397,205 | £385,000 | VALLEY VIEW HEOL Y COED |
27 Jan 2023 | £95,255 | £95,000 | 31 GELLIGROES ROAD |
9 Jan 2023 | £169,453 | £169,000 | 31 NEWPORT ROAD |
2 Sep 2022 | £154,897 | £155,000 | 34 NEWPORT ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 4 Apr 2019. Using an estimated price of £382,065 means this house is valued at £2,418 per sq meter (£224 per sq foot).