£474,187
This estimated value is based upon the latest sale price for the house of £384,400 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £384,400 | 7 Dec 2018 |
| Detached |
| Freehold |
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 December 2018 the House Price Index for POWYS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £384,400 results in an estimated price of approximately £474,187.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £384,400 | £89,787 | £474,187 |
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 | -44.989 % | £-172,937 | £211,462 |
| 3 Month Average | 12.920 % | £49,665 | £434,065 |
| 6 Month Average | 10.022 % | £38,525 | £422,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £544,766 | £540,000 | 6 PARK DRIVE |
| 29 Aug 2023 | £443,883 | £440,000 | 3 BEAUFORT AVENUE |
| 25 Aug 2023 | £322,824 | £320,000 | 8 PLAS DERWEN |
| 10 Jul 2023 | £189,551 | £187,000 | BLUE BOAR COTTAGE |
| 25 Jan 2023 | £447,890 | £450,000 | 15 BEAUFORT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Plasderwern |