£273,689
This estimated value is based upon the latest sale price for the house of £159,000 on 4 Dec 2009. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £159,000 | 4 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 201 sq meters or 2,163 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 December 2009 the House Price Index for CEREDIGION was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.132%.Applying this 72.132% change to the original purchase price of £159,000 results in an estimated price of approximately £273,689.
| 4 Dec 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.132 % | £159,000 | £114,689 | £273,689 |
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 | 36.348 % | £57,793 | £216,793 |
| 3 Month Average | 31.711 % | £50,420 | £209,420 |
| 6 Month Average | 29.550 % | £46,983 | £205,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £146,886 | £145,000 | 40 QUEEN STREET |
| 2 Jun 2023 | £183,992 | £182,500 | 7 QUEEN STREET |
| 20 Jan 2023 | £164,059 | £165,500 | 15 GRAYS INN ROAD |
| 3 Nov 2022 | £275,532 | £280,000 | 11 GREAT DARKGATE STREET |
| 24 Jun 2022 | £495,017 | £490,000 | 33 - 35 GREAT DARKGATE STREET |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 4 Jul 2014. Using an estimated price of £273,690 means this house is valued at £1,361 per sq meter (£126 per sq foot).
The average size of a house on QUEEN STREET is 100 sq meters (1,086 sq feet).