£278,029
This estimated value is based upon the latest sale price for the house of £268,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for CONWY 1
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Price Paid | Date |
---|---|
£268,000 | 22 Apr 2022 |
£180,000 | 12 Jan 2012 |
Detached |
Leasehold |
Floor Area: 81 sq meters or 879 sq feet |
This model uses changes in the Official Land Registry House Price Index for CONWY to estimate the market value.
When this house was purchased in April 2022 the House Price Index for CONWY was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £268,000 results in an estimated price of approximately £278,029.
22 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £268,000 | £10,029 | £278,029 |
The Postcode Pricing Model uses changes in average sales price within the LL31 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 | 95.532 % | £256,025 | £524,025 |
3 Month Average | 1.612 % | £4,319 | £272,319 |
6 Month Average | -0.924 % | £-2,475 | £265,524 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £292,423 | £285,000 | 87 LLYS ONNEN |
1 Sep 2022 | £129,863 | £129,950 | 41 LON BEDW |
19 Aug 2022 | £130,862 | £130,250 | 42 LON BEDW |
22 Apr 2022 | £278,029 | £268,000 | 48 LON LAFANT |
8 Mar 2022 | £165,985 | £159,000 | 21 AWEL Y CASTELL |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 30 Jan 2012. Using an estimated price of £278,029 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on LON LAFANT is 110 sq meters (1,194 sq feet).