£172,258
This estimated value is based upon the latest sale price for the house of £138,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£138,000 | 13 Apr 2018 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 sq feet |
This model uses changes in the Official Land Registry House Price Index for CEREDIGION to estimate the market value.
When this house was purchased in April 2018 the House Price Index for CEREDIGION was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £138,000 results in an estimated price of approximately £172,258.
13 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £138,000 | £34,258 | £172,258 |
The Postcode Pricing Model uses changes in average sales price within the SY24 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 | 29.474 % | £40,673 | £178,673 |
3 Month Average | 17.783 % | £24,540 | £162,540 |
6 Month Average | 44.134 % | £60,905 | £198,905 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £137,404 | £135,000 | 14 BIRKENHEAD STREET |
22 Aug 2023 | £129,130 | £128,000 | 16 BIRKENHEAD STREET |
28 Jul 2023 | £172,319 | £170,000 | AROSFA |
27 Apr 2023 | £141,524 | £140,000 | 2 CEULAN VIEW |
23 Mar 2022 | £168,393 | £162,500 | HILLVIEW |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Feb 2016. Using an estimated price of £172,259 means this house is valued at £1,672 per sq meter (£155 per sq foot).
The average size of a house on MAESYDERI is 107 sq meters (1,157 sq feet).