£64,906
This estimated value is based upon the latest sale price for the house of £48,750 on 1 Aug 2016. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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Price Paid | Date |
---|---|
£48,750 | 1 Aug 2016 |
£55,000 | 19 Mar 2013 |
£48,000 | 20 Apr 2004 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 August 2016 the House Price Index for BLAENAU GWENT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £48,750 results in an estimated price of approximately £64,906.
1 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £48,750 | £16,156 | £64,906 |
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 | 92.619 % | £45,151 | £93,901 |
3 Month Average | 71.510 % | £34,861 | £83,611 |
6 Month Average | 57.939 % | £28,245 | £76,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £162,404 | £160,000 | 1 CWRT CORON |
5 Apr 2023 | £77,838 | £77,000 | 2 SPRING BANK |
10 Mar 2023 | £191,807 | £190,000 | 3 CWRT CORON |
4 Nov 2022 | £148,205 | £150,000 | 4 CWRT CORON |
17 Aug 2022 | £87,265 | £87,500 | 9 NEUADD STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Jan 2013. Using an estimated price of £64,906 means this house is valued at £746 per sq meter (£69 per sq foot).
The average size of a house on LOWER ROYAL LANE is 99 sq meters (1,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Royal Lane |
Dec 2023 | Anti-social behaviour | On or near Crown Street | |
Dec 2023 | Anti-social behaviour | On or near Crown Street | |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Crown Street |
Dec 2023 | Anti-social behaviour | On or near Crown Street |