£176,981
This estimated value is based upon the latest sale price for the house of £159,950 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £159,950 | 22 Oct 2021 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2021 the House Price Index for POWYS was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £159,950 results in an estimated price of approximately £176,981.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £159,950 | £17,031 | £176,981 |
The Postcode Pricing Model uses changes in average sales price within the SY16 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 | -29.571 % | £-47,299 | £112,650 |
| 3 Month Average | -13.616 % | £-21,778 | £138,171 |
| 6 Month Average | -19.555 % | £-31,278 | £128,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £253,238 | £250,000 | RHANC-Y-MYNYDD GARDEN LANE |
| 20 Sep 2023 | £86,101 | £85,000 | 12 LLANFAIR ROAD |
| 17 Jul 2023 | £121,637 | £120,000 | 46 COMMERCIAL STREET |
| 23 Jan 2023 | £88,085 | £88,500 | 16 CHAPEL STREET |
| 16 Sep 2022 | £138,879 | £140,000 | 8 CHAPEL STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Aug 2020. Using an estimated price of £176,981 means this house is valued at £2,359 per sq meter (£219 per sq foot).
The average size of a house on COMMERCIAL STREET is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Severnside |