£320,868
This estimated value is based upon the latest sale price for the house of £125,000 on 1 Nov 2002. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £125,000 | 1 Nov 2002 |
| £59,950 | 14 Nov 1997 |
| Semi-Detached |
| Freehold |
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 November 2002 the House Price Index for CEREDIGION was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £125,000 results in an estimated price of approximately £320,868.
| 1 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £125,000 | £195,868 | £320,868 |
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 | 71.943 % | £89,928 | £214,928 |
| 3 Month Average | 114.408 % | £143,010 | £268,010 |
| 6 Month Average | 161.281 % | £201,600 | £326,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £358,133 | £355,000 | OYSTER COTTAGE WHITE STREET |
| 16 Jun 2023 | £455,518 | £450,000 | RHIANFA GOMER CRESCENT |
| 28 Feb 2023 | £382,243 | £382,500 | 6 MARGARET STREET |
| 16 Jan 2023 | £238,875 | £240,000 | Y STABL HILL STREET |
| 3 Jan 2023 | £199,062 | £200,000 | BAMENDA HILL STREET |