£66,838
This estimated value is based upon the latest sale price for the house of £16,000 on 21 Oct 1999. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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Price Paid | Date |
---|---|
£16,000 | 21 Oct 1999 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 sq feet |
This model uses changes in the Official Land Registry House Price Index for MERTHYR TYDFIL to estimate the market value.
When this house was purchased in October 1999 the House Price Index for MERTHYR TYDFIL was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £16,000 results in an estimated price of approximately £66,838.
21 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 149.7 | 317.743 % | £16,000 | £50,838 | £66,838 |
The Postcode Pricing Model uses changes in average sales price within the CF47 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 | 503.734 % | £80,597 | £96,597 |
3 Month Average | 362.978 % | £58,076 | £74,076 |
6 Month Average | 312.867 % | £50,058 | £66,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jan 2023 | £72,694 | £72,500 | 6 GARTH COTTAGES |
31 Aug 2022 | £173,813 | £173,000 | 3 THE AVENUE |
12 Aug 2022 | £16,075 | £16,000 | THESPIAN HOUSE PARK PLACE |
25 May 2022 | £109,965 | £107,100 | THEATRE ROYAL PARK PLACE |
4 Mar 2022 | £88,734 | £85,000 | 15 DANYPARC |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Sep 2013. Using an estimated price of £66,839 means this house is valued at £596 per sq meter (£55 per sq foot).
The average size of a house on PARK PLACE is 95 sq meters (1,030 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near The Rink | |
Jul 2024 | Anti-social behaviour | On or near The Rink | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Rink |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Rink |
Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near The Rink |