£305,529
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Sep 2016. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 15 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 sq feet |
This model uses changes in the Official Land Registry House Price Index for POWYS to estimate the market value.
When this house was purchased in September 2016 the House Price Index for POWYS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £230,000 results in an estimated price of approximately £305,529.
| 15 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £230,000 | £75,529 | £305,529 |
The Postcode Pricing Model uses changes in average sales price within the LD7 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 | 227.836 % | £524,023 | £754,023 |
| 3 Month Average | 63.135 % | £145,210 | £375,210 |
| 6 Month Average | 55.964 % | £128,718 | £358,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £200,000 | £200,000 | 5 GARTH TERRACE |
| 1 Dec 2023 | £279,897 | £275,000 | ROYSTON PENYBONT ROAD |
| 15 Feb 2023 | £284,808 | £285,000 | 3 THE PADDOCKS GARTH LANE |
| 7 Sep 2022 | £247,997 | £250,000 | DEANSTONE GARTH LANE |
| 18 Jul 2022 | £90,243 | £90,000 | 43 RADNOR DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 17 Jun 2014. Using an estimated price of £305,530 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on GARTH LANE is 148 sq meters (1,598 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Garth Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Garth Meadows | |
| Feb 2024 | Anti-social behaviour | On or near Garth Meadows | |
| Feb 2024 | Anti-social behaviour | On or near Garth Meadows | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near B4355 |