£209,429
This estimated value is based upon the latest sale price for the house of £199,000 on 12 Jan 2022. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£199,000 | 12 Jan 2022 |
£120,000 | 30 May 2014 |
£80,000 | 26 Apr 2002 |
Detached |
Freehold |
Floor Area: 74 sq meters or 797 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 2022 the House Price Index for POWYS was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £199,000 results in an estimated price of approximately £209,429.
12 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £199,000 | £10,429 | £209,429 |
The Postcode Pricing Model uses changes in average sales price within the LD4 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 | 576.087 % | £1,146,413 | £1,345,413 |
3 Month Average | 187.006 % | £372,142 | £571,142 |
6 Month Average | 52.507 % | £104,488 | £303,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £239,185 | £235,000 | MAYO HOUSE |
15 Sep 2023 | £159,540 | £157,500 | DOLIFOR |
21 Jun 2023 | £220,673 | £218,000 | HILLCREST |
9 Jun 2023 | £178,664 | £176,500 | 3 IRFON TERRACE |
14 Apr 2023 | £232,503 | £230,000 | 2 BARIUM VILLA |
This house has a floor area of 74 sq meters or 797 sq feet when measured on 21 Oct 2008. Using an estimated price of £209,429 means this house is valued at £2,826 per sq meter (£262 per sq foot).
The average size of a house on PEN Y BRYN is 141 sq meters (1,522 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (797 sq feet).