£234,688
This estimated value is based upon the latest sale price for the house of £217,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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| Price Paid | Date |
|---|---|
| £217,000 | 19 Nov 2021 |
| £48,000 | 1 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 November 2021 the House Price Index for TORFAEN was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £217,000 results in an estimated price of approximately £234,688.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £217,000 | £17,688 | £234,688 |
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 | 516.080 % | £1,119,893 | £1,336,893 |
| 3 Month Average | 39.573 % | £85,873 | £302,873 |
| 6 Month Average | 18.539 % | £40,228 | £257,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £157,115 | £155,000 | 7 KEATS CLOSE |
| 28 Jun 2023 | £126,533 | £125,000 | 38 ORCHARD PLACE |
| 13 Jul 2022 | £175,472 | £175,000 | 55 WESLEY STREET |
| 17 Jun 2022 | £149,614 | £147,500 | 6 ORCHARD PLACE |
| 11 Mar 2022 | £166,838 | £161,000 | 72 COCKER AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Apr 2014. Using an estimated price of £234,689 means this house is valued at £2,300 per sq meter (£213 per sq foot).
The average size of a house on COCKER AVENUE is 86 sq meters (931 sq feet).