£368,089
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Sep 2019. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £300,000 | 5 Sep 2019 |
| £225,000 | 6 Jul 2016 |
| £110,000 | 19 Sep 2001 |
| £78,500 | 29 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 September 2019 the House Price Index for CEREDIGION was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £300,000 results in an estimated price of approximately £368,089.
| 5 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £300,000 | £68,089 | £368,089 |
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 | 5.542 % | £16,625 | £316,625 |
| 3 Month Average | 20.895 % | £62,684 | £362,684 |
| 6 Month Average | 22.385 % | £67,155 | £367,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £156,901 | £155,000 | 3 ST. JOHNS FLATS QUEENS ROAD |
| 14 Apr 2022 | £262,599 | £255,000 | 19 BATH STREET |
| 31 Mar 2022 | £225,905 | £218,000 | 12 PORTLAND ROAD |
| 31 Jan 2022 | £368,343 | £350,000 | 30 QUEENS ROAD |
| 28 Jan 2022 | £410,439 | £390,000 | 27 QUEENS ROAD |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 19 Aug 2019. Using an estimated price of £368,089 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on BATH STREET is 197 sq meters (2,124 sq feet).