£86,567
This estimated value is based upon the latest sale price for the house of £87,500 on 25 Oct 2022. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£87,500 | 25 Oct 2022 |
£85,000 | 17 Dec 2019 |
Terraced |
Freehold |
Floor Area: 47 sq meters or 505 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 2022 the House Price Index for CEREDIGION was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £87,500 results in an estimated price of approximately £86,567.
25 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £87,500 | £-932 | £86,567 |
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 | 57.986 % | £50,737 | £138,237 |
3 Month Average | -0.484 % | £-423 | £87,076 |
6 Month Average | -3.816 % | £-3,338 | £84,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £147,179 | £145,000 | 40 QUEEN STREET |
14 Jul 2023 | £236,179 | £233,000 | 21 MILL STREET |
2 Jun 2023 | £184,738 | £182,500 | 7 QUEEN STREET |
20 Jan 2023 | £164,724 | £165,500 | 15 GRAYS INN ROAD |
25 Oct 2022 | £86,568 | £87,500 | 2A GEORGE STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 10 Feb 2017. Using an estimated price of £86,568 means this house is valued at £1,841 per sq meter (£171 per sq foot).
The average size of a house on GEORGE STREET is 116 sq meters (1,258 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).