This estimated value is based upon the latest sale price for the house of £109,950 on 11 Apr 2003. This value is then adjusted by the current Official House Price Index for ISLE OF ANGLESEY1
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|£109,950||11 Apr 2003|
This model uses changes in the Official Land Registry House Price Index for ISLE OF ANGLESEY to estimate the market value.
When this house was purchased in April 2003 the House Price Index for ISLE OF ANGLESEY was 56.7.The House Price Index as of 1 Dec 2019 is 120.1 which is a change of 111.980%.
Applying this 111.980% change to the original purchase price of £109,950 gives us an estimated price now of around £233,071.
|11 Apr 2003||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the LL68 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||13.457 %||£14,796||£124,746|
|3 Month Average||109.905 %||£120,840||£230,790|
|6 Month Average||96.666 %||£106,284||£216,234|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In April 2003 the average sale price for the 50 nearest sales within 12 miles of CERIS was £74,386.
In May 2020 the average sale price for the 1 nearest sales was £144,000. This is a change of 93.585%.
So taking the original purchase price of £109,950 and adjusting it by 93.585% gives an estimated price of £212,846.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 11 Apr 2003||Average price on 28 May 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|4 Sep 2019||£96,108||£98,000||16 - 17 MOUNTAIN ROAD|
|23 Aug 2019||£230,974||£239,340||MEDDANEN|
|11 Jul 2019||£160,549||£159,950||PENCAE MYNYDD|
|24 May 2019||£255,297||£245,000||TAN Y BRAICH|
|17 May 2019||£70,337||£67,500||14 MAES Y PLAS|