£157,729
This estimated value is based upon the latest sale price for the house of £128,000 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£128,000 | 27 Nov 2018 |
£124,000 | 22 May 2006 |
£68,000 | 9 Sep 2003 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 November 2018 the House Price Index for POWYS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £128,000 results in an estimated price of approximately £157,729.
27 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £128,000 | £29,729 | £157,729 |
The Postcode Pricing Model uses changes in average sales price within the SY20 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 | 1.237 % | £1,582 | £129,582 |
3 Month Average | 17.234 % | £22,059 | £150,059 |
6 Month Average | 39.854 % | £51,013 | £179,013 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £188,650 | £187,000 | 2 MAGLONA VILLAS |
11 Aug 2023 | £262,295 | £260,000 | BRYNAWEL HEOL POWYS |
24 Jul 2023 | £218,947 | £216,000 | 1 TAN YR ALLT ROAD |
17 Apr 2023 | £227,449 | £225,000 | 71 HEOL MAENGWYN |
4 Jul 2022 | £3,810,257 | £3,800,000 | OLD CINEMA HEOL POWYS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Sep 2013. Using an estimated price of £157,730 means this house is valued at £1,877 per sq meter (£174 per sq foot).
The average size of a house on HEOL IORWERTH is 89 sq meters (967 sq feet).