£213,719
This estimated value is based upon the latest sale price for the house of £126,000 on 28 May 2010. This value is then adjusted by the current Official House Price Index for NEATH PORT TALBOT 1
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| Price Paid | Date |
|---|---|
| £126,000 | 28 May 2010 |
| £52,000 | 4 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for NEATH PORT TALBOT to estimate the market value.
When this house was purchased in May 2010 the House Price Index for NEATH PORT TALBOT was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £126,000 results in an estimated price of approximately £213,719.
| 28 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £126,000 | £87,719 | £213,719 |
The Postcode Pricing Model uses changes in average sales price within the SA12 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 | 41.304 % | £52,043 | £178,043 |
| 3 Month Average | 39.413 % | £49,659 | £175,659 |
| 6 Month Average | 47.716 % | £60,122 | £186,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £144,000 | £144,000 | 15 PIER CLOSE |
| 29 Sep 2023 | £165,111 | £163,000 | 31 WESTERN AVENUE |
| 29 Mar 2023 | £100,951 | £100,000 | 22 OCEAN WAY |
| 8 Jul 2022 | £140,378 | £140,000 | 19 SEAWARD CLOSE |
| 5 May 2022 | £315,953 | £310,000 | 9 BAY VIEW CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Sep 2015. Using an estimated price of £213,719 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on WESTERN AVENUE is 90 sq meters (969 sq feet).