£284,959
This estimated value is based upon the latest sale price for the house of £216,000 on 12 Oct 2016. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£216,000 | 12 Oct 2016 |
£75,000 | 27 Apr 2000 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 sq feet |
This model uses changes in the Official Land Registry House Price Index for POWYS to estimate the market value.
When this house was purchased in October 2016 the House Price Index for POWYS was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £216,000 results in an estimated price of approximately £284,959.
12 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.0 | 31.926 % | £216,000 | £68,959 | £284,959 |
The Postcode Pricing Model uses changes in average sales price within the LD2 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 | -36.471 % | £-78,778 | £137,221 |
3 Month Average | -5.048 % | £-10,904 | £205,095 |
6 Month Average | 33.259 % | £71,840 | £287,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £306,866 | £305,000 | 17 GLANDWR PARK |
26 Jan 2023 | £322,170 | £325,000 | 6 GLANDWR PARK |
31 Mar 2022 | £319,944 | £310,000 | 25 IRFON ROAD |
6 Dec 2021 | £176,063 | £165,000 | 37 PENDRE |
24 Aug 2021 | £227,778 | £205,000 | 53 PENDRE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Jun 2016. Using an estimated price of £284,960 means this house is valued at £2,477 per sq meter (£230 per sq foot).
The average size of a house on GLANDWR PARK is 110 sq meters (1,194 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).