£279,375
This estimated value is based upon the latest sale price for the house of £145,000 on 19 Aug 2004. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £145,000 | 19 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2004 the House Price Index for CEREDIGION was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £145,000 results in an estimated price of approximately £279,375.
| 19 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £145,000 | £134,375 | £279,375 |
The Postcode Pricing Model uses changes in average sales price within the SY23 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 | 33.641 % | £48,780 | £193,780 |
| 3 Month Average | 37.429 % | £54,271 | £199,271 |
| 6 Month Average | 54.692 % | £79,303 | £224,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £214,000 | £214,000 | 14 PROSPECT STREET |
| 15 Aug 2023 | £221,942 | £220,000 | 18 NEW STREET |
| 15 Aug 2023 | £701,134 | £695,000 | 8 LAURA PLACE |
| 10 Mar 2023 | £358,376 | £355,000 | 7 KING STREET |
| 9 Mar 2023 | £232,188 | £230,000 | 7 BRIDGE STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Apr 2019. Using an estimated price of £279,376 means this house is valued at £3,880 per sq meter (£360 per sq foot).
There is one other house on the street which we know the size of, this is 2 CASTLE STREET it is 112.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |