£153,434
This estimated value is based upon the latest sale price for the house of £117,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £117,000 | 2 Sep 2016 |
| £118,000 | 3 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 September 2016 the House Price Index for MERTHYR TYDFIL was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £117,000 results in an estimated price of approximately £153,434.
| 2 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £117,000 | £36,434 | £153,434 |
The Postcode Pricing Model uses changes in average sales price within the CF48 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 | -29.372 % | £-34,364 | £82,635 |
| 3 Month Average | 32.888 % | £38,478 | £155,478 |
| 6 Month Average | 40.823 % | £47,762 | £164,762 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 21 Jul 2009.
The average size of a house on MORLAIS CLOSE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Morlais Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raglan Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Raglan Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carew Grove |
| Dec 2023 | Other theft | Under investigation | On or near Chepstow Close |