£305,511
This estimated value is based upon the latest sale price for the house of £242,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £242,000 | 16 Mar 2018 |
| £245,000 | 22 Sep 2008 |
| £180,000 | 25 Apr 2006 |
| Detached |
| Freehold |
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 March 2018 the House Price Index for CEREDIGION was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £242,000 results in an estimated price of approximately £305,511.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £242,000 | £63,511 | £305,511 |
The Postcode Pricing Model uses changes in average sales price within the SA38 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 | 0.415 % | £1,005 | £243,005 |
| 3 Month Average | 0.450 % | £1,088 | £243,088 |
| 6 Month Average | 42.686 % | £103,300 | £345,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £305,248 | £297,500 | MAELOR CARMARTHEN ROAD |
| 25 Oct 2023 | £153,486 | £150,000 | TEIFI HOUSE |
| 10 Oct 2023 | £306,972 | £300,000 | TEIFI HEALTH STATION ROAD |
| 3 Aug 2023 | £203,673 | £200,000 | THE OLD MILL CASTLE TERRACE |
| 3 Aug 2023 | £203,673 | £200,000 | CILGWYN MILL ARDWYN TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A475 |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A475 |
| Jul 2024 | Other theft | Under investigation | On or near A475 |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near B4333 |