Full Address

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

Estimated Market Value

£25,040

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 178.7.

The House Price Index as of 1 Jan 2015 is 157.0 which is a change of -12.141%.

Applying this -12.141% change to the original purchase price of £28,500 gives us an estimated price now of around £25,039.

27 May 2014 1 Jan 2015 % change Purchase Price Gain / Loss Estimated Price
178.7 157.0 -12.141 % £28,500 £-3,460 £25,039

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 15.098 % £4,303 £32,803
3 Month Average 4.336 % £1,235 £29,735
6 Month Average 0.580 % £165 £28,665

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 December 2014 the average sale price for the 50 nearest sales was £105,888. This is a change of 38.358%.

So taking the original purchase price of £28,500 and adjusting it by 38.358% gives an estimated price of £39,431.

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 Dec 2014 % change Purchase Price Gain / Loss Estimated Price
£76,532 £105,888 38.358 % £28,500 £10,931 £39,431
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
3 Nov 2014 £86,772 £87,500 20 VERWEY ROAD
25 Jul 2014 £45,935 £50,500 10 PARROT ROW
27 Jun 2014 £24,756 £27,500 16 HIGH STREET
27 May 2014 £25,040 £28,500 1 THE CRESCENT
20 May 2014 £109,823 £125,000 THE HAVEN HIGH STREET

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Recent Crimes Near Here
DateCrimeOutcomeWhere
Nov 2014 Anti-social behaviour On or near The Crescent
Nov 2014 Anti-social behaviour On or near The Crescent
Nov 2014 Violence and sexual offences Under investigation On or near The Crescent
Oct 2014 Anti-social behaviour On or near The Crescent
Oct 2014 Violence and sexual offences Under investigation 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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