£670,842
This estimated value is based upon the latest sale price for the house of £550,000 on 29 Jan 2020. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£550,000 | 29 Jan 2020 |
£82,500 | 6 Aug 1999 |
Terraced |
Freehold |
Floor Area: 199 sq meters or 2,142 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 January 2020 the House Price Index for CEREDIGION was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £550,000 results in an estimated price of approximately £670,842.
29 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £550,000 | £120,842 | £670,842 |
The Postcode Pricing Model uses changes in average sales price within the SA45 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 | -18.381 % | £-101,092 | £448,907 |
3 Month Average | -29.183 % | £-160,505 | £389,494 |
6 Month Average | 9.824 % | £54,031 | £604,031 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £275,000 | £275,000 | 17 MARINE TERRACE |
25 Aug 2023 | £358,133 | £355,000 | OYSTER COTTAGE WHITE STREET |
15 Aug 2023 | £221,942 | £220,000 | THE HAVEN CHURCH STREET |
20 Feb 2023 | £59,960 | £60,000 | FLAT 4 CASTLE HOUSE CHURCH STREET |
15 Aug 2022 | £398,926 | £400,000 | EMRYS CHURCH STREET |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 15 Feb 2013. Using an estimated price of £670,843 means this house is valued at £3,371 per sq meter (£313 per sq foot).
The average size of a house on ROCK STREET is 202 sq meters (2,182 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).