£384,264
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Feb 2015. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£260,000 | 18 Feb 2015 |
£300,000 | 14 Jun 2013 |
£135,000 | 14 Jun 2002 |
Terraced |
Freehold |
Floor Area: 176 sq meters or 1,894 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 February 2015 the House Price Index for CEREDIGION was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £260,000 results in an estimated price of approximately £384,264.
18 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £260,000 | £124,264 | £384,264 |
The Postcode Pricing Model uses changes in average sales price within the SY23 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 | 35.150 % | £91,390 | £351,390 |
3 Month Average | 13.194 % | £34,303 | £294,303 |
6 Month Average | 24.408 % | £63,459 | £323,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £227,914 | £225,000 | 1 EDGEHILL ROAD |
24 Jul 2023 | £238,206 | £235,000 | Y NYTH POPLAR ROW |
2 Feb 2023 | £244,835 | £245,000 | 1 COED Y BUARTH |
1 Jul 2022 | £386,039 | £385,000 | ERYL, 6 BUARTH ROAD |
8 Jun 2022 | £192,724 | £190,000 | 5 TRINITY ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 22 Jun 2012. Using an estimated price of £384,265 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on BUARTH ROAD is 187 sq meters (2,020 sq feet).