£258,944
This estimated value is based upon the latest sale price for the house of £66,000 on 18 Feb 2000. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£66,000 | 18 Feb 2000 |
Semi-Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 February 2000 the House Price Index for POWYS was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £66,000 results in an estimated price of approximately £258,944.
18 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 148.6 | 292.341 % | £66,000 | £192,944 | £258,944 |
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 | 96.472 % | £63,671 | £129,671 |
3 Month Average | 152.990 % | £100,973 | £166,973 |
6 Month Average | 222.823 % | £147,063 | £213,063 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £125,491 | £124,140 | RIDGEBOURNE HOTEL WELLINGTON ROAD |
12 Aug 2022 | £249,329 | £250,000 | 11 OAKRIDGE DRIVE |
25 Mar 2022 | £170,983 | £165,000 | 2 PENRHIW VILLA WELLINGTON ROAD |
9 Mar 2022 | £174,610 | £168,500 | 9 CEDAR RIDGE |
29 Oct 2021 | £190,867 | £172,500 | 1 CEDAR RIDGE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 15 Sep 2021. Using an estimated price of £258,945 means this house is valued at £1,890 per sq meter (£175 per sq foot).
The average size of a house on WELLINGTON ROAD is 138 sq meters (1,490 sq feet).