£167,227
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£80,000 | 12 Mar 2004 |
£57,500 | 28 Nov 2003 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,114 sq feet |
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 March 2004 the House Price Index for POWYS was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £80,000 results in an estimated price of approximately £167,227.
12 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £80,000 | £87,227 | £167,227 |
The Postcode Pricing Model uses changes in average sales price within the LD2 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 | 53.053 % | £42,442 | £122,442 |
3 Month Average | 41.594 % | £33,274 | £113,274 |
6 Month Average | 96.731 % | £77,384 | £157,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £94,830 | £94,000 | FLAT 1 THE OLD BREWERY HIGH STREET |
10 Aug 2023 | £112,988 | £112,000 | WYE COTTAGE BANK SQUARE |
4 Aug 2023 | £201,765 | £200,000 | 22 MARKET STREET |
30 Jun 2023 | £75,920 | £75,000 | FLAT 9 PLOUGH HOUSE, 26 - 28 MARKET STREET |
31 Mar 2023 | £196,855 | £195,000 | 25 MARKET STREET |
This house has a floor area of 103 sq meters or 1,114 sq feet when measured on 30 Apr 2010. Using an estimated price of £167,228 means this house is valued at £1,615 per sq meter (£150 per sq foot).
The average size of a house on MARKET STREET is 83 sq meters (902 sq feet).