£139,800
This estimated value is based upon the latest sale price for the house of £114,000 on 29 Oct 2019. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £114,000 | 29 Oct 2019 |
| £75,000 | 30 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 October 2019 the House Price Index for CEREDIGION was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £114,000 results in an estimated price of approximately £139,800.
| 29 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £114,000 | £25,800 | £139,800 |
The Postcode Pricing Model uses changes in average sales price within the SY24 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 | 3.816 % | £4,350 | £118,350 |
| 3 Month Average | 35.243 % | £40,176 | £154,176 |
| 6 Month Average | 55.642 % | £63,431 | £177,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £197,930 | £195,000 | VANGRE |
| 8 Jun 2023 | £146,778 | £145,000 | ERYL |
| 27 Apr 2023 | £230,482 | £228,000 | 2 CAEGWYLAN |
| 30 Nov 2022 | £215,391 | £218,000 | OVERCHURCH |
| 23 Sep 2022 | £235,101 | £237,000 | PLATFORM HOUSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 1 May 2019. Using an estimated price of £139,801 means this house is valued at £3,409 per sq meter (£316 per sq foot).
The average size of a house on CAEGWYLAN is 59 sq meters (635 sq feet).