£551,157
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Jun 2010. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£325,000 | 28 Jun 2010 |
Semi-Detached |
Freehold |
Floor Area: 263 sq meters or 2,838 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 June 2010 the House Price Index for CEREDIGION was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £325,000 results in an estimated price of approximately £551,157.
28 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.587 % | £325,000 | £226,157 | £551,157 |
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 | 12.456 % | £40,481 | £365,481 |
3 Month Average | 18.353 % | £59,647 | £384,647 |
6 Month Average | 22.021 % | £71,569 | £396,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £156,901 | £155,000 | 3 ST. JOHNS FLATS QUEENS ROAD |
28 Apr 2023 | £161,742 | £160,000 | FLAT 2 60 MARINE TERRACE |
28 Feb 2023 | £479,677 | £480,000 | 32 MARINE TERRACE |
5 Aug 2022 | £211,431 | £212,000 | FLAT 21 LLYS Y BRENIN TERRACE ROAD |
15 Jul 2022 | £354,875 | £353,920 | BODALWYN QUEENS AVENUE |
This house has a floor area of 263 sq meters or 2,838 sq feet when measured on 8 Jun 2010. Using an estimated price of £551,158 means this house is valued at £2,089 per sq meter (£194 per sq foot).
The average size of a house on MARINE TERRACE is 102 sq meters (1,104 sq feet).