£212,714
This estimated value is based upon the latest sale price for the house of £171,000 on 27 Jun 2018. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£171,000 | 27 Jun 2018 |
£148,000 | 5 Apr 2007 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2018 the House Price Index for CEREDIGION was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £171,000 results in an estimated price of approximately £212,714.
27 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £171,000 | £41,714 | £212,714 |
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 | 17.542 % | £29,996 | £200,996 |
3 Month Average | 16.336 % | £27,934 | £198,934 |
6 Month Average | 22.676 % | £38,776 | £209,776 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £213,740 | £210,000 | 10 GOGERDDAN COTTAGES |
6 Sep 2023 | £227,914 | £225,000 | 1 EDGEHILL ROAD |
9 Aug 2023 | £186,633 | £185,000 | 8 POUND PLACE |
2 Jun 2023 | £178,158 | £176,000 | 7 GOGERDDAN COTTAGES |
17 Nov 2022 | £138,324 | £140,000 | GELLI GAER CARADOC ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Jan 2016. Using an estimated price of £212,714 means this house is valued at £2,874 per sq meter (£267 per sq foot).
The average size of a house on GOGERDDAN COTTAGES is 97 sq meters (1,047 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).