£342,065
This estimated value is based upon the latest sale price for the house of £255,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 22 Jul 2016 |
| £200,000 | 8 Apr 2004 |
| £90,000 | 16 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 July 2016 the House Price Index for POWYS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £255,000 results in an estimated price of approximately £342,065.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £255,000 | £87,065 | £342,065 |
The Postcode Pricing Model uses changes in average sales price within the NP8 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 | 108.226 % | £275,975 | £530,975 |
| 3 Month Average | 59.164 % | £150,869 | £405,869 |
| 6 Month Average | 36.584 % | £93,290 | £348,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £384,767 | £375,000 | 14 FFYNNONAU |
| 24 Feb 2023 | £508,950 | £505,550 | 23 DERWEN FAWR |
| 25 Feb 2022 | £285,243 | £270,000 | 37 LLANBEDR ROAD |
| 17 Jan 2022 | £392,273 | £370,000 | 20 LLANBEDR ROAD |
| 3 Dec 2021 | £194,275 | £180,000 | 27 FFYNNONAU |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 14 Feb 2013. Using an estimated price of £342,065 means this house is valued at £3,138 per sq meter (£291 per sq foot).
The average size of a house on DERWEN FAWR is 171 sq meters (1,846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Llanbedr Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mynydd Gerdd |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area |