£216,192
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2019 the House Price Index for CEREDIGION was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £175,000 results in an estimated price of approximately £216,192.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £175,000 | £41,192 | £216,192 |
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 | 35.791 % | £62,634 | £237,634 |
| 3 Month Average | 19.159 % | £33,528 | £208,528 |
| 6 Month Average | 20.464 % | £35,812 | £210,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £214,000 | £214,000 | 14 PROSPECT STREET |
| 9 Aug 2023 | £282,471 | £280,000 | 12 PROSPECT STREET |
| 30 Jun 2023 | £328,985 | £325,000 | COLENSO, 11 RHEIDOL TERRACE |
| 24 Feb 2023 | £99,933 | £100,000 | 6 PROSPECT STREET |
| 10 Oct 2022 | £242,390 | £245,000 | 3 PENMAESGLAS ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 31 Oct 2016. Using an estimated price of £216,193 means this house is valued at £1,650 per sq meter (£153 per sq foot).
The average size of a house on SOUTH ROAD is 136 sq meters (1,464 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tan Y Cae | |
| Feb 2024 | Anti-social behaviour | On or near Tan Y Cae | |
| Feb 2024 | Anti-social behaviour | On or near Tan Y Cae | |
| Feb 2024 | Anti-social behaviour | On or near Tan Y Cae | |
| Feb 2024 | Anti-social behaviour | On or near Tan Y Cae |