£380,161
This estimated value is based upon the latest sale price for the house of £287,000 on 10 Oct 2016. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£287,000 | 10 Oct 2016 |
£300,000 | 22 Jun 2009 |
£300,000 | 22 Jun 2009 |
Terraced |
Freehold |
Floor Area: 131 sq meters or 1,418 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 October 2016 the House Price Index for CEREDIGION was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £287,000 results in an estimated price of approximately £380,161.
10 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £287,000 | £93,161 | £380,161 |
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 | 11.702 % | £33,584 | £320,584 |
3 Month Average | 12.272 % | £35,220 | £322,220 |
6 Month Average | 22.793 % | £65,414 | £352,414 |
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 131 sq meters or 1,418 sq feet when measured on 11 Dec 2008. Using an estimated price of £380,162 means this house is valued at £2,884 per sq meter (£267 per sq foot).
The average size of a house on BUARTH ROAD is 187 sq meters (2,020 sq feet).
This house is the smallest in the street with a floor area of 131 sq meters (1,418 sq feet).