£105,416
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Mar 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 | 25 Mar 1996 |
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 March 1996 the House Price Index for GWYNEDD was 72.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 40.556%.Applying this 40.556% change to the original purchase price of £75,000 results in an estimated price of approximately £105,416.
25 Mar 1996 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.0 | 101.2 | 40.556 % | £75,000 | £30,416 | £105,416 |
The Postcode Pricing Model uses changes in average sales price within the LL48 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 | 20.000 % | £15,000 | £90,000 |
3 Month Average | 216.262 % | £162,196 | £237,196 |
6 Month Average | 211.254 % | £158,440 | £233,440 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £192,812 | £185,000 | TY UCHAF |
27 Jan 2023 | £404,800 | £400,000 | GARTH LLWYNOG |
25 Jul 2022 | £378,222 | £370,000 | 8 MORFA GASEG |
23 Jun 2022 | £1,554,143 | £1,505,000 | BRON TURNOR MAWR |
31 May 2022 | £779,261 | £750,000 | BRYN DINAS BUNKHOUSE BRYN DINAS |