£349,094
This estimated value is based upon the latest sale price for the house of £340,000 on 17 May 2022. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £340,000 | 17 May 2022 |
| Detached |
| Freehold |
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 May 2022 the House Price Index for CEREDIGION was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £340,000 results in an estimated price of approximately £349,094.
| 17 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £340,000 | £9,094 | £349,094 |
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 | -22.312 % | £-75,862 | £264,137 |
| 3 Month Average | -5.056 % | £-17,190 | £322,809 |
| 6 Month Average | -4.322 % | £-14,693 | £325,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £330,000 | £330,000 | 12 PADARN CRESCENT |
| 18 Aug 2023 | £397,163 | £390,000 | FRONDEG |
| 28 Mar 2023 | £213,567 | £210,000 | 7 PADARN CRESCENT |
| 3 Jan 2023 | £148,397 | £148,000 | 1 CHURCH STREET |
| 9 Aug 2022 | £296,386 | £295,000 | 19 PADARN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cathedral View |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Llanbadarn Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Llanbadarn Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heol-Y-Llan |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plas Avenue |