£293,465
This estimated value is based upon the latest sale price for the house of £172,000 on 5 Apr 2012. This value is then adjusted by the current Official House Price Index for POWYS 1
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| Price Paid | Date |
|---|---|
| £172,000 | 5 Apr 2012 |
| £145,000 | 17 Oct 2003 |
| Detached |
| Freehold |
| Floor Area: 38 sq meters or 418 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 April 2012 the House Price Index for POWYS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £172,000 results in an estimated price of approximately £293,465.
| 5 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £172,000 | £121,465 | £293,465 |
The Postcode Pricing Model uses changes in average sales price within the LD1 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 | -7.985 % | £-13,734 | £158,265 |
| 3 Month Average | 10.255 % | £17,638 | £189,638 |
| 6 Month Average | 33.074 % | £56,886 | £228,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £182,331 | £180,000 | BRYNAWEL GROSVENOR CLOSE |
| 23 Jun 2023 | £273,311 | £270,000 | HENDRE GROSVENOR ROAD |
| 5 Apr 2023 | £125,491 | £124,140 | RIDGEBOURNE HOTEL WELLINGTON ROAD |
| 31 Mar 2023 | £252,378 | £250,000 | PIEDMOUNT GROSVENOR ROAD |
| 28 Apr 2022 | £247,152 | £240,000 | 6 MAPLE RIDGE CLOSE |
This house has a floor area of 38 sq meters or 418 sq feet when measured on 12 Sep 2011. Using an estimated price of £293,466 means this house is valued at £7,547 per sq meter (£701 per sq foot).
The average size of a house on MAPLE RIDGE CLOSE is 109 sq meters (1,177 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (418 sq feet).