£333,112
This estimated value is based upon the latest sale price for the house of £257,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £257,000 | 17 Mar 2017 |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 March 2017 the House Price Index for CEREDIGION was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £257,000 results in an estimated price of approximately £333,112.
| 17 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £257,000 | £76,112 | £333,112 |
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 | 27.388 % | £70,386 | £327,386 |
| 3 Month Average | 24.635 % | £63,312 | £320,312 |
| 6 Month Average | 23.409 % | £60,160 | £317,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £147,179 | £145,000 | 40 QUEEN STREET |
| 2 Jun 2023 | £184,738 | £182,500 | 7 QUEEN STREET |
| 31 Mar 2023 | £287,711 | £285,000 | 20 TERRACE ROAD |
| 20 Jan 2023 | £164,724 | £165,500 | 15 GRAYS INN ROAD |
| 25 Oct 2022 | £86,568 | £87,500 | 2A GEORGE STREET |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 6 Jul 2017. Using an estimated price of £333,113 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on CHALYBEATE STREET is 132 sq meters (1,427 sq feet).