£380,297
This estimated value is based upon the latest sale price for the house of £310,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£310,000 | 6 Dec 2019 |
£106,000 | 20 Jun 1997 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 December 2019 the House Price Index for CEREDIGION was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £310,000 results in an estimated price of approximately £380,297.
6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £310,000 | £70,297 | £380,297 |
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 | 3.180 % | £9,857 | £319,857 |
3 Month Average | 18.552 % | £57,509 | £367,509 |
6 Month Average | 19.000 % | £58,899 | £368,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £177,387 | £175,000 | ROYAL OAK |
22 Feb 2022 | £277,904 | £265,000 | DOLWYN |
28 Jan 2022 | £289,412 | £275,000 | 3 CLOS ALLT FACH |
17 Jan 2022 | £152,599 | £145,000 | TANYBRYN CHURCH STREET |
19 Jul 2021 | £178,900 | £155,665 | Y NYTH CHURCH STREET |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 23 Aug 2019. Using an estimated price of £380,297 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on MAES WYRE is 263 sq meters (2,830 sq feet).
This house is the smallest in the street with a floor area of 144 sq meters (1,550 sq feet).