£489,048
This estimated value is based upon the latest sale price for the house of £400,000 on 15 Apr 2020. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £400,000 | 15 Apr 2020 |
| £360,000 | 12 Jan 2018 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2020 the House Price Index for CEREDIGION was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £400,000 results in an estimated price of approximately £489,048.
| 15 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £400,000 | £89,048 | £489,048 |
The Postcode Pricing Model uses changes in average sales price within the SY25 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 | -37.795 % | £-151,181 | £248,819 |
| 3 Month Average | 20.556 % | £82,224 | £482,224 |
| 6 Month Average | 68.813 % | £275,253 | £675,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £376,271 | £375,000 | MAES YR AFON LLANIO ROAD |
| 10 Nov 2023 | £400,137 | £395,000 | BLAENPLWYF |
| 17 Aug 2023 | £181,101 | £180,000 | ALLTLWYD |
| 17 Mar 2023 | £137,745 | £137,000 | 3 PENSTAR |
| 4 Nov 2022 | £179,588 | £182,500 | 7 LLWYNDEWI |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Petrol Station |