£214,725
This estimated value is based upon the latest sale price for the house of £214,000 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£214,000 | 1 Mar 2024 |
£140,000 | 6 Jul 2015 |
£150,000 | 10 Dec 2004 |
£70,000 | 7 Apr 2000 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 March 2024 the House Price Index for CEREDIGION was 147.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.339%.Applying this 0.339% change to the original purchase price of £214,000 results in an estimated price of approximately £214,725.
1 Mar 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.5 | 148.0 | 0.339 % | £214,000 | £725 | £214,725 |
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 | -7.584 % | £-16,230 | £197,769 |
3 Month Average | -10.441 % | £-22,343 | £191,656 |
6 Month Average | -4.703 % | £-10,064 | £203,935 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £214,725 | £214,000 | 14 PROSPECT STREET |
9 Aug 2023 | £281,713 | £280,000 | 12 PROSPECT STREET |
31 Jul 2023 | £220,082 | £218,000 | 11 HIGH STREET |
24 Feb 2023 | £99,529 | £100,000 | 6 PROSPECT STREET |
10 Oct 2022 | £241,411 | £245,000 | 3 PENMAESGLAS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 9 Oct 2014. Using an estimated price of £214,725 means this house is valued at £2,084 per sq meter (£193 per sq foot).
The average size of a house on PROSPECT STREET is 103 sq meters (1,108 sq feet).