£212,180
This estimated value is based upon the latest sale price for the house of £158,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£158,000 | 13 May 2016 |
Detached |
Freehold |
Floor Area: 199 sq meters or 2,142 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 May 2016 the House Price Index for POWYS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £158,000 results in an estimated price of approximately £212,180.
13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £158,000 | £54,180 | £212,180 |
The Postcode Pricing Model uses changes in average sales price within the SY18 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 | -20.886 % | £-33,000 | £124,999 |
3 Month Average | 31.046 % | £49,052 | £207,052 |
6 Month Average | 52.103 % | £82,322 | £240,322 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £87,000 | £87,000 | 4 WELLINGTON TERRACE |
11 Mar 2024 | £85,000 | £85,000 | 2 WELLINGTON TERRACE |
18 Aug 2023 | £320,807 | £318,000 | 33 TAN YR ALLT |
8 Jul 2022 | £280,756 | £280,000 | DWY AFON, 4 FRANKWELL |
25 Apr 2022 | £97,316 | £94,500 | 34 LONG BRIDGE STREET |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 27 Feb 2014. Using an estimated price of £212,181 means this house is valued at £1,066 per sq meter (£99 per sq foot).
The average size of a house on WELLINGTON TERRACE is 72 sq meters (783 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).