£421,729
This estimated value is based upon the latest sale price for the house of £247,500 on 18 Dec 2012. This value is then adjusted by the current Official House Price Index for CONWY 1
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Price Paid | Date |
---|---|
£247,500 | 18 Dec 2012 |
Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 sq feet |
This model uses changes in the Official Land Registry House Price Index for CONWY to estimate the market value.
When this house was purchased in December 2012 the House Price Index for CONWY was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £247,500 results in an estimated price of approximately £421,729.
18 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £247,500 | £174,229 | £421,729 |
The Postcode Pricing Model uses changes in average sales price within the LL31 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 | 43.814 % | £108,440 | £355,940 |
3 Month Average | 59.748 % | £147,877 | £395,377 |
6 Month Average | 54.121 % | £133,949 | £381,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £292,423 | £285,000 | 87 LLYS ONNEN |
1 Sep 2022 | £129,863 | £129,950 | 41 LON BEDW |
19 Aug 2022 | £130,862 | £130,250 | 42 LON BEDW |
22 Apr 2022 | £278,029 | £268,000 | 48 LON LAFANT |
8 Mar 2022 | £165,985 | £159,000 | 21 AWEL Y CASTELL |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 28 Nov 2012. Using an estimated price of £421,729 means this house is valued at £3,147 per sq meter (£292 per sq foot).
The average size of a house on LON LAFANT is 110 sq meters (1,194 sq feet).