£172,728
This estimated value is based upon the latest sale price for the house of £84,500 on 16 Apr 2004. This value is then adjusted by the current Official House Price Index for TORFAEN 1
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| Price Paid | Date |
|---|---|
| £84,500 | 16 Apr 2004 |
| £38,000 | 24 Jul 1998 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for TORFAEN to estimate the market value.
When this house was purchased in April 2004 the House Price Index for TORFAEN was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £84,500 results in an estimated price of approximately £172,728.
| 16 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £84,500 | £88,228 | £172,728 |
The Postcode Pricing Model uses changes in average sales price within the NP4 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 | 35.078 % | £29,640 | £114,140 |
| 3 Month Average | 70.075 % | £59,213 | £143,713 |
| 6 Month Average | 83.215 % | £70,316 | £154,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £142,104 | £140,000 | 2 GELLI RHWY ROAD |
| 13 Jan 2023 | £144,320 | £145,000 | 20 HERBERTS ROAD |
| 8 Jul 2022 | £167,451 | £167,000 | 14 HERBERTS ROAD |
| 8 Apr 2022 | £169,917 | £165,000 | 12 HERBERTS ROAD |
| 23 Mar 2022 | £82,901 | £80,000 | 2 EMPIRE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Herbert'S Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Herbert'S Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gelli Rhwy Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gelli Rhwy Road |
| Jan 2024 | Anti-social behaviour | On or near Gelli Rhwy Road |