£196,553
This estimated value is based upon the latest sale price for the house of £115,000 on 12 Mar 2012. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £115,000 | 12 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 831 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 March 2012 the House Price Index for CEREDIGION was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £115,000 results in an estimated price of approximately £196,553.
| 12 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £115,000 | £81,553 | £196,553 |
The Postcode Pricing Model uses changes in average sales price within the SA47 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 | 49.948 % | £57,439 | £172,439 |
| 3 Month Average | 48.362 % | £55,616 | £170,616 |
| 6 Month Average | 83.050 % | £95,507 | £210,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £126,705 | £125,000 | 22 BRON LLETHI |
| 18 Jul 2022 | £245,661 | £245,000 | 9 CAE MARTHA |
| 7 Jul 2022 | £476,282 | £475,000 | BLUE LAGOON |
| 10 Jun 2022 | £385,396 | £379,950 | TRESI AUR |
| 8 Apr 2022 | £154,470 | £150,000 | 2 BRO LLETHI |