£387,787
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Apr 2017. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£300,000 | 11 Apr 2017 |
Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 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 April 2017 the House Price Index for CEREDIGION was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £300,000 results in an estimated price of approximately £387,787.
11 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £300,000 | £87,787 | £387,787 |
The Postcode Pricing Model uses changes in average sales price within the SA45 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 | 48.978 % | £146,932 | £446,932 |
3 Month Average | 19.382 % | £58,146 | £358,146 |
6 Month Average | 10.953 % | £32,858 | £332,858 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £275,000 | £275,000 | 17 MARINE TERRACE |
15 Aug 2023 | £221,942 | £220,000 | THE HAVEN CHURCH STREET |
20 Feb 2023 | £59,960 | £60,000 | FLAT 4 CASTLE HOUSE CHURCH STREET |
15 Aug 2022 | £398,926 | £400,000 | EMRYS CHURCH STREET |
18 Jul 2022 | £433,667 | £432,500 | 3 HIGH STREET |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 10 Apr 2012. Using an estimated price of £387,787 means this house is valued at £2,915 per sq meter (£270 per sq foot).