£71,246
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Dec 2023. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT 1
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Price Paid | Date |
---|---|
£70,000 | 14 Dec 2023 |
£42,000 | 24 Jun 2015 |
£5,000 | 10 Dec 1999 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 585 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 December 2023 the House Price Index for BLAENAU GWENT was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £70,000 results in an estimated price of approximately £71,246.
14 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £70,000 | £1,246 | £71,246 |
The Postcode Pricing Model uses changes in average sales price within the NP22 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 | 11.772 % | £8,240 | £78,240 |
3 Month Average | -3.081 % | £-2,156 | £67,843 |
6 Month Average | 0.911 % | £637 | £70,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £71,247 | £70,000 | 24 MORGAN STREET |
7 Jul 2023 | £73,489 | £72,500 | 18 UPPER SALISBURY STREET |
6 Apr 2023 | £40,941 | £40,500 | 1A MARKET STREET |
20 Jan 2023 | £92,564 | £93,000 | 31 CASTLE STREET |
20 Jan 2023 | £80,620 | £81,000 | 17 UPPER SALISBURY STREET |
This house has a floor area of 54 sq meters or 585 sq feet when measured on 13 Mar 2012. Using an estimated price of £71,247 means this house is valued at £1,308 per sq meter (£121 per sq foot).
The average size of a house on MORGAN STREET is 103 sq meters (1,110 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morgan Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Lower Salisbury Street |
Feb 2024 | Anti-social behaviour | On or near Lower Salisbury Street |