£331,010
This estimated value is based upon the latest sale price for the house of £193,000 on 15 Jan 2010. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£193,000 | 15 Jan 2010 |
£180,000 | 25 Jan 2007 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,163 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 January 2010 the House Price Index for POWYS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £193,000 results in an estimated price of approximately £331,010.
15 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.508 % | £193,000 | £138,010 | £331,010 |
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 | -14.528 % | £-28,038 | £164,961 |
3 Month Average | 7.306 % | £14,100 | £207,100 |
6 Month Average | 43.457 % | £83,872 | £276,872 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £374,792 | £370,000 | 5 IRFON ROAD |
23 Feb 2023 | £394,734 | £395,000 | DAN Y COED GARTH ROAD |
26 Jan 2023 | £323,476 | £325,000 | 6 GLANDWR PARK |
8 Apr 2022 | £272,897 | £265,000 | 24 BROADWAY |
31 Mar 2022 | £321,241 | £310,000 | 25 IRFON ROAD |
This house has a floor area of 108 sq meters or 1,163 sq feet when measured on 29 Nov 2009. Using an estimated price of £331,010 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on IRFON ROAD is 120 sq meters (1,296 sq feet).