Full Address

1 THE CRESCENT
NANTYGLO
EBBW VALE
BLAENAU GWENT
UNITED KINGDOM
NP23 4UN

Estimated Market Value

£28,857

This estimated value is based upon the latest sale price for the house of £28,500 on 27 May 2014. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT1

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Transactions for this house
Price PaidDate
£28,50027 May 2014
£42,0001 Mar 2013
£41,0005 Oct 2011
£7,09526 Jul 1999
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 May 2014 the House Price Index for BLAENAU GWENT was 182.8.

The House Price Index as of 1 Jul 2014 is 185.1 which is a change of 1.254%.

Applying this 1.254% change to the original purchase price of £28,500 gives us an estimated price now of around £28,857.

27 May 2014 1 Jul 2014 % change Purchase Price Gain / Loss Estimated Price
182.8 185.1 1.254 % £28,500 £357 £28,857

The Postcode Pricing Model uses changes in average sales price within the NP23 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 -2.040 % £-581 £27,918
3 Month Average 3.582 % £1,020 £29,520
6 Month Average -2.268 % £-646 £27,853

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In May 2014 the average sale price for the 50 nearest sales within six miles of 1 THE CRESCENT was £76,532.

In July 2014 the average sale price for the 50 nearest sales was £85,176. This is a change of 11.295%.

So taking the original purchase price of £28,500 and adjusting it by 11.295% gives an estimated price of £31,718.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 27 May 2014 Average price on 31 Jul 2014 % change Purchase Price Gain / Loss Estimated Price
£76,532 £85,176 11.295 % £28,500 £3,218 £31,718
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
27 May 2014 £28,857 £28,500 1 THE CRESCENT
20 May 2014 £126,568 £125,000 THE HAVEN HIGH STREET
2 May 2014 £75,890 £74,950 117 QUEEN STREET
20 Dec 2013 £125,853 £117,500 98 QUEEN STREET
28 Oct 2013 £104,450 £99,000 92 QUEEN STREET

Show these sales on a map

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jul 2014 Anti-social behaviour On or near The Crescent
Jul 2014 Other theft Under investigation On or near The Crescent
Jul 2014 Other theft Investigation complete; no suspect identified On or near The Crescent
Jun 2014 Criminal damage and arson Under investigation On or near The Crescent
May 2014 Anti-social behaviour On or near The Crescent

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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