£483,227
This estimated value is based upon the latest sale price for the house of £480,000 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £480,000 | 28 Feb 2023 |
| £370,000 | 9 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 205 sq meters or 2,206 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 February 2023 the House Price Index for CEREDIGION was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £480,000 results in an estimated price of approximately £483,227.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £480,000 | £3,227 | £483,227 |
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 | -29.237 % | £-140,338 | £339,661 |
| 3 Month Average | -5.115 % | £-24,550 | £455,449 |
| 6 Month Average | 2.364 % | £11,346 | £491,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £423,679 | £420,000 | 64 MARINE TERRACE |
| 30 Jun 2023 | £158,170 | £155,000 | 3 ST. JOHNS FLATS QUEENS ROAD |
| 28 Apr 2023 | £163,050 | £160,000 | FLAT 2 60 MARINE TERRACE |
| 28 Feb 2023 | £483,228 | £480,000 | 32 MARINE TERRACE |
| 5 Aug 2022 | £212,996 | £212,000 | FLAT 21 LLYS Y BRENIN TERRACE ROAD |
This house has a floor area of 205 sq meters or 2,206 sq feet when measured on 8 Oct 2012. Using an estimated price of £483,228 means this house is valued at £2,357 per sq meter (£218 per sq foot).
The average size of a house on MARINE TERRACE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Morfa Mawr | |
| May 2024 | Anti-social behaviour | On or near Morfa Mawr | |
| May 2024 | Criminal damage and arson | Under investigation | On or near Morfa Mawr |
| May 2024 | Anti-social behaviour | On or near Morfa Mawr | |
| Apr 2024 | Anti-social behaviour | On or near Morfa Mawr |