This estimated value is based upon the latest sale price for the house of £77,000 on 13 Aug 2013. This value is then adjusted by the current Official House Price Index for BLAENAU GWENT1
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|£77,000||13 Aug 2013|
|£84,000||29 Nov 2006|
|£77,000||17 Jun 2005|
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 August 2013 the House Price Index for BLAENAU GWENT was 92.6.The House Price Index as of 1 Oct 2017 is 115.8 which is a change of 25.014%.
Applying this 25.014% change to the original purchase price of £77,000 gives us an estimated price now of around £96,260.
|13 Aug 2013||1 Oct 2017||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the NP13 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||57.082 %||£43,953||£120,953|
|3 Month Average||10.305 %||£7,934||£84,934|
|6 Month Average||9.668 %||£7,444||£84,444|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In August 2013 the average sale price for the 50 nearest sales within five miles of 79 GLANYSTRUTH was £86,306.
In December 2017 the average sale price for the 22 nearest sales was £106,577. This is a change of 23.488%.
So taking the original purchase price of £77,000 and adjusting it by 23.488% gives an estimated price of £95,085.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 13 Aug 2013||Average price on 24 Dec 2017||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|17 Oct 2017||£115,000||£115,000||25 CWMCELYN NEWYDD|
|20 Sep 2017||£92,937||£92,000||82 GLANYSTRUTH|
|7 Sep 2017||£84,350||£83,500||16 QUARRY ROW|
|4 Sep 2017||£251,536||£249,000||6 BEECH TREE CRESCENT|
|25 Aug 2017||£70,583||£67,500||26 BRYNHEULOG STREET|
|Sep 2017||Vehicle crime||Investigation complete; no suspect identified||On or near Park/Open Space|
|Sep 2017||Anti-social behaviour||On or near Beech Tree Crescent|
|Sep 2017||Violence and sexual offences||Under investigation||On or near Beech Tree Crescent|
|Sep 2017||Other theft||Investigation complete; no suspect identified||On or near Beech Tree Crescent|
|Nov 2017||Violence and sexual offences||Under investigation||On or near Brynheulog|