£319,532
This estimated value is based upon the latest sale price for the house of £205,000 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £205,000 | 25 Jan 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 January 2008 the House Price Index for CEREDIGION was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £205,000 results in an estimated price of approximately £319,532.
| 25 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £205,000 | £114,532 | £319,532 |
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 | 13.732 % | £28,150 | £233,150 |
| 3 Month Average | 10.572 % | £21,672 | £226,672 |
| 6 Month Average | 16.908 % | £34,660 | £239,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £328,985 | £325,000 | COLENSO, 11 RHEIDOL TERRACE |
| 10 Oct 2022 | £242,390 | £245,000 | 3 PENMAESGLAS ROAD |
| 1 Aug 2022 | £194,477 | £195,000 | FLAT 2 3 SOUTH MARINE TERRACE |
| 20 Apr 2022 | £155,500 | £151,000 | APARTMENT 4 PLAS HAFAN, 9 SOUTH MARINE TERRACE |
| 1 Apr 2022 | £489,155 | £475,000 | GLYNGARTH SOUTH ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 8 Aug 2019. Using an estimated price of £319,533 means this house is valued at £2,662 per sq meter (£247 per sq foot).
The average size of a house on SOUTH MARINE TERRACE is 99 sq meters (1,066 sq feet).