£592,407
This estimated value is based upon the latest sale price for the house of £505,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for PEMBROKESHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £505,000 | 16 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 sq feet |
This model uses changes in the Official Land Registry House Price Index for PEMBROKESHIRE to estimate the market value.
When this house was purchased in October 2020 the House Price Index for PEMBROKESHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £505,000 results in an estimated price of approximately £592,407.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £505,000 | £87,407 | £592,407 |
The Postcode Pricing Model uses changes in average sales price within the SA69 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 | -1.406 % | £-7,099 | £497,900 |
| 3 Month Average | -9.002 % | £-45,461 | £459,538 |
| 6 Month Average | -2.106 % | £-10,635 | £494,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £313,801 | £310,000 | 7 THE RIDGEWAY |
| 8 Feb 2023 | £259,825 | £260,000 | 10 THE RIDGEWAY |
| 31 Jan 2023 | £654,417 | £657,500 | PEACEFUL HEIGHTS THE RIDGEWAY |
| 9 Sep 2022 | £150,782 | £152,000 | 14 WESTFIELD COURT |
| 15 Aug 2022 | £413,886 | £415,000 | 2 CARTREF THE RIDGEWAY |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 3 May 2018. Using an estimated price of £592,407 means this house is valued at £2,162 per sq meter (£200 per sq foot).
The average size of a house on RIDGEWAY MEADOW is 380 sq meters (4,090 sq feet).
This house is the largest in the street with a floor area of 274 sq meters (2,949 sq feet).