£177,035
This estimated value is based upon the latest sale price for the house of £147,000 on 1 Jul 2020. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £147,000 | 1 Jul 2020 |
| £54,000 | 11 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2020 the House Price Index for POWYS was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £147,000 results in an estimated price of approximately £177,035.
| 1 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £147,000 | £30,035 | £177,035 |
The Postcode Pricing Model uses changes in average sales price within the LD6 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 | -39.116 % | £-57,500 | £89,499 |
| 3 Month Average | 28.843 % | £42,398 | £189,398 |
| 6 Month Average | 20.871 % | £30,680 | £177,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £196,862 | £195,000 | 11 GREEN GARDENS |
| 28 Oct 2022 | £187,217 | £190,000 | 15 PENMAES |
| 2 Sep 2022 | £167,957 | £170,000 | KINVER HAZELMERE ESTATE |
| 18 Aug 2022 | £233,423 | £235,000 | 6 FAIRFIELD COURT |
| 29 Jul 2022 | £166,442 | £166,667 | 2 GREEN GARDENS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jan 2020. Using an estimated price of £177,035 means this house is valued at £2,034 per sq meter (£189 per sq foot).
The average size of a house on PENMAES is 63 sq meters (686 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).