£244,868
This estimated value is based upon the latest sale price for the house of £150,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for MERTHYR TYDFIL 1
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| Price Paid | Date |
|---|---|
| £150,000 | 2 Aug 2013 |
| £49,000 | 29 May 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 127 sq meters or 1,374 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 August 2013 the House Price Index for MERTHYR TYDFIL was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £150,000 results in an estimated price of approximately £244,868.
| 2 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £150,000 | £94,868 | £244,868 |
The Postcode Pricing Model uses changes in average sales price within the CF46 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 | 6.486 % | £9,728 | £159,728 |
| 3 Month Average | 72.347 % | £108,520 | £258,520 |
| 6 Month Average | 40.521 % | £60,781 | £210,781 |
This house has a floor area of 127 sq meters or 1,374 sq feet when measured on 20 Jan 2011.
The average size of a house on PARK LANE is 134 sq meters (1,448 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Park Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gresham Place |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |