£638,671
This estimated value is based upon the latest sale price for the house of £375,000 on 6 Aug 2012. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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| Price Paid | Date |
|---|---|
| £375,000 | 6 Aug 2012 |
| £170,000 | 18 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,635 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 August 2012 the House Price Index for CEREDIGION was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £375,000 results in an estimated price of approximately £638,671.
| 6 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £375,000 | £263,671 | £638,671 |
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 | 14.516 % | £54,434 | £429,434 |
| 3 Month Average | 16.358 % | £61,341 | £436,341 |
| 6 Month Average | 25.013 % | £93,800 | £468,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2022 | £377,936 | £367,000 | BRYNLLYS NORTH ROAD |
| 1 Feb 2022 | £157,304 | £150,000 | 2 LLUEST NORTH ROAD |
| 31 Jan 2022 | £368,343 | £350,000 | 30 QUEENS ROAD |
| 28 Jan 2022 | £410,439 | £390,000 | 27 QUEENS ROAD |
| 6 Dec 2021 | £216,847 | £202,400 | SCHOLARS HOTEL QUEENS ROAD |
This house has a floor area of 151 sq meters or 1,635 sq feet when measured on 25 May 2011. Using an estimated price of £638,672 means this house is valued at £4,204 per sq meter (£390 per sq foot).
The average size of a house on NORTH ROAD is 139 sq meters (1,500 sq feet).