£425,633
This estimated value is based upon the latest sale price for the house of £75,000 on 4 Apr 1996. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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Price Paid | Date |
---|---|
£75,000 | 4 Apr 1996 |
Semi-Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for GWYNEDD to estimate the market value.
When this house was purchased in April 1996 the House Price Index for GWYNEDD was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £75,000 results in an estimated price of approximately £425,633.
4 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.512 % | £75,000 | £350,633 | £425,633 |
The Postcode Pricing Model uses changes in average sales price within the LL55 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 | 236.735 % | £177,551 | £252,551 |
3 Month Average | 368.380 % | £276,284 | £351,284 |
6 Month Average | 358.373 % | £268,779 | £343,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £106,638 | £105,000 | 13 CHAPEL STREET |
12 Mar 2024 | £66,014 | £65,000 | 38 BRIDGE STREET |
12 Mar 2024 | £96,482 | £95,000 | FLAT 40 BRIDGE STREET |
11 Dec 2023 | £20,634 | £20,000 | 44 BRIDGE STREET |
30 Jun 2023 | £234,703 | £230,000 | 14 CASTLE SQUARE |