£172,777
This estimated value is based upon the latest sale price for the house of £100,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 30 Sep 2011 |
| £40,000 | 14 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 906 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 2011 the House Price Index for POWYS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £100,000 results in an estimated price of approximately £172,777.
| 30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £100,000 | £72,777 | £172,777 |
The Postcode Pricing Model uses changes in average sales price within the LD1 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 | 43.726 % | £43,726 | £143,726 |
| 3 Month Average | 37.980 % | £37,979 | £137,979 |
| 6 Month Average | 53.458 % | £53,458 | £153,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £125,491 | £124,140 | RIDGEBOURNE HOTEL WELLINGTON ROAD |
| 12 Aug 2022 | £249,329 | £250,000 | 11 OAKRIDGE DRIVE |
| 28 Apr 2022 | £247,152 | £240,000 | 6 MAPLE RIDGE CLOSE |
| 25 Mar 2022 | £170,983 | £165,000 | 2 PENRHIW VILLA WELLINGTON ROAD |
| 9 Mar 2022 | £174,610 | £168,500 | 9 CEDAR RIDGE |
This house has a floor area of 84 sq meters or 906 sq feet when measured on 7 Jun 2010. Using an estimated price of £172,778 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on RIDGEBOURNE CLOSE is 87 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Road |
| Dec 2023 | Anti-social behaviour | On or near Lakeside Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lakeside Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lakeside Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Lakeside Avenue |