Full Address

NP44 3AW

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £95,000 on 22 Dec 1997. This value is then adjusted by the current Official House Price Index for TORFAEN1

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Transactions for this house
Price PaidDate
£95,00022 Dec 1997
House Details

House Price Models

Land Registry House Price Index Model

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 December 1997 the House Price Index for TORFAEN was 34.0.

The House Price Index as of 1 Dec 2019 is 129.3 which is a change of 280.363%.

Applying this 280.363% change to the original purchase price of £95,000 gives us an estimated price now of around £361,344.

22 Dec 1997 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
34.0 129.3 280.363 % £95,000 £266,344 £361,344

The Postcode Pricing Model uses changes in average sales price within the NP44 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 139.264 % £132,301 £227,301
3 Month Average 296.926 % £282,079 £377,079
6 Month Average 236.591 % £224,761 £319,761

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In December 1997 the average sale price for the 50 nearest sales within three miles of UNIT 42 was £41,043.

In September 2020 the average sale price for the 2 nearest sales was £297,489. This is a change of 624.823%.

So taking the original purchase price of £95,000 and adjusting it by 624.823% gives an estimated price of £688,581.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 22 Dec 1997 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£41,043 £297,489 624.823 % £95,000 £593,581 £688,581
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
4 Oct 2019 £151,445 £150,000 12 ASH GREEN
2 Aug 2019 £168,994 £168,200 119 COURT FARM ROAD
27 Jun 2019 £116,556 £116,000 106 GREEN WILLOWS
11 Jun 2019 £75,360 £75,000 THE OAKFIELD CROESWEN
16 May 2019 £200,606 £195,000 55 FIELDS ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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