£528,953
This estimated value is based upon the latest sale price for the house of £495,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£495,000 | 24 Jun 2021 |
£314,000 | 26 Feb 2020 |
£280,000 | 29 Jan 2019 |
£190,400 | 29 May 2015 |
£300,000 | 21 Dec 2006 |
£180,000 | 15 Nov 2002 |
Freehold |
This model uses changes in the Official Land Registry House Price Index for POWYS to estimate the market value.
When this house was purchased in June 2021 the House Price Index for POWYS was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £495,000 results in an estimated price of approximately £528,953.
24 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £495,000 | £33,953 | £528,953 |
The Postcode Pricing Model uses changes in average sales price within the LD7 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 | -41.718 % | £-206,504 | £288,495 |
3 Month Average | -20.141 % | £-99,700 | £395,299 |
6 Month Average | -23.190 % | £-114,792 | £380,207 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £900,476 | £895,000 | CRUG FARM |
19 Jun 2023 | £216,758 | £215,000 | WINDMILL BUNGALOW |
8 Jun 2023 | £614,986 | £610,000 | UPPER FIRLEY |
10 Mar 2022 | £247,699 | £240,000 | YNYS COTTAGE |
4 Mar 2022 | £381,869 | £370,000 | THE RACK |