£239,724
This estimated value is based upon the latest sale price for the house of £184,950 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £184,950 | 24 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2017 the House Price Index for POWYS was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £184,950 results in an estimated price of approximately £239,724.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £184,950 | £54,774 | £239,724 |
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 | -23.614 % | £-43,674 | £141,275 |
| 3 Month Average | -2.897 % | £-5,357 | £179,592 |
| 6 Month Average | 33.611 % | £62,164 | £247,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £307,692 | £305,000 | 17 GLANDWR PARK |
| 28 Jul 2023 | £261,520 | £258,000 | 42 PARC YR IRFON |
| 6 Apr 2023 | £424,571 | £420,000 | 49 PARC YR IRFON |
| 26 Jan 2023 | £323,476 | £325,000 | 6 GLANDWR PARK |
| 10 Dec 2021 | £423,194 | £395,000 | TYRAFON GOLF LINKS ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Feb 2017. Using an estimated price of £239,725 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on PARC YR IRFON is 115 sq meters (1,243 sq feet).