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 Apr 2016 is 103.5 which is a change of 11.737%.
Applying this 11.737% change to the original purchase price of £77,000 gives us an estimated price now of around £86,037.
|13 Aug 2013||1 Apr 2016||% 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||-2.164 %||£-1,666||£75,333|
|3 Month Average||-4.575 %||£-3,522||£73,477|
|6 Month Average||8.185 %||£6,302||£83,302|
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 June 2016 the average sale price for the 21 nearest sales was £95,287. This is a change of 10.407%.
So taking the original purchase price of £77,000 and adjusting it by 10.407% gives an estimated price of £85,013.
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 30 Jun 2016||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|21 Oct 2015||£40,253||£39,000||17 CLUB ROW|
|21 Aug 2015||£84,455||£80,000||27 CWMCELYN NEWYDD|
|1 May 2015||£61,612||£58,000||24 CWMCELYN ROAD|
|19 Dec 2014||£58,185||£56,500||9 SOUTHLANDS|
|11 Jul 2014||£217,318||£197,000||13 WOODLAND WALK|
|Apr 2016||Criminal damage and arson||Investigation complete; no suspect identified||On or near Park/Open Space|
|Apr 2016||Violence and sexual offences||Unable to prosecute suspect||On or near Park/Open Space|
|Mar 2016||Vehicle crime||Under investigation||On or near Park/Open Space|
|Feb 2016||Anti-social behaviour||On or near Park/Open Space|
|Feb 2016||Vehicle crime||Investigation complete; no suspect identified||On or near Park/Open Space|