£384,397
This estimated value is based upon the latest sale price for the house of £380,000 on 23 Feb 2024. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£380,000 | 23 Feb 2024 |
£247,000 | 21 Mar 2017 |
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 February 2024 the House Price Index for CEREDIGION was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £380,000 results in an estimated price of approximately £384,397.
23 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.6 | 1.157 % | £380,000 | £4,397 | £384,397 |
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 | -15.012 % | £-57,044 | £322,955 |
3 Month Average | -10.648 % | £-40,461 | £339,538 |
6 Month Average | -3.874 % | £-14,721 | £365,278 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 May 2022 | £150,333 | £147,500 | LAUREL VILLA PWLLHOBI |
16 May 2022 | £150,333 | £147,500 | ROSE VILLA PWLLHOBI |
6 May 2022 | £173,265 | £170,000 | FLAT 3 TY PADARN CLOS LLETY GWYN |
3 May 2022 | £245,628 | £241,000 | LLWYN-ONN PWLLHOBI |
4 Apr 2022 | £163,223 | £158,500 | 15 BRYNRHEIDOL ESTATE |