£219,571
This estimated value is based upon the latest sale price for the house of £188,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£188,000 | 27 Nov 2020 |
£125,000 | 5 Nov 1999 |
Terraced |
Freehold |
Floor Area: 164 sq meters or 1,765 sq feet |
This model uses changes in the Official Land Registry House Price Index for CEREDIGION to estimate the market value.
When this house was purchased in November 2020 the House Price Index for CEREDIGION was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £188,000 results in an estimated price of approximately £219,571.
27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £188,000 | £31,571 | £219,571 |
The Postcode Pricing Model uses changes in average sales price within the SY23 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 | -16.303 % | £-30,649 | £157,350 |
3 Month Average | 7.167 % | £13,474 | £201,474 |
6 Month Average | 18.495 % | £34,769 | £222,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £212,000 | £212,000 | 19 SEA VIEW PLACE |
13 Jun 2024 | £510,500 | £510,500 | 10 SOUTH MARINE TERRACE |
30 Apr 2024 | £113,486 | £112,500 | AINSDALE SOUTH ROAD |
24 Apr 2024 | £267,321 | £265,000 | 13 PROSPECT STREET |
15 Dec 2023 | £180,548 | £175,000 | FLAT 2, 2 SOUTH MARINE TERRACE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 23 Aug 2017. Using an estimated price of £219,572 means this house is valued at £1,338 per sq meter (£124 per sq foot).
The average size of a house on RHEIDOL TERRACE is 157 sq meters (1,695 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rhes Rheidol |
Jun 2024 | Drugs | Local resolution | On or near Rhes Rheidol |
Jun 2024 | Public order | Under investigation | On or near Rhes Rheidol |
May 2024 | Anti-social behaviour | On or near Rhes Rheidol | |
May 2024 | Public order | Unable to prosecute suspect | On or near Rhes Rheidol |