£218,393
This estimated value is based upon the latest sale price for the house of £128,000 on 30 Apr 2012. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£128,000 | 30 Apr 2012 |
£44,000 | 21 Jun 1999 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 April 2012 the House Price Index for POWYS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £128,000 results in an estimated price of approximately £218,393.
30 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.620 % | £128,000 | £90,393 | £218,393 |
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 | -7.985 % | £-10,221 | £117,778 |
3 Month Average | 10.255 % | £13,126 | £141,126 |
6 Month Average | 33.074 % | £42,334 | £170,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £126,361 | £125,000 | MALDWYN MONTPELLIER PARK |
5 Apr 2023 | £125,491 | £124,140 | RIDGEBOURNE HOTEL WELLINGTON ROAD |
20 Feb 2023 | £79,946 | £80,000 | FLAT 2 THE GLEN MONTPELLIER PARK |
20 Feb 2023 | £219,852 | £220,000 | THE EYRIE ALEXANDRA TERRACE |
29 Jul 2022 | £80,216 | £80,000 | 4 ORIELTON TEMPLE DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Jul 2010. Using an estimated price of £218,393 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on PARK LANE is 173 sq meters (1,871 sq feet).
This house is the smallest in the street with a floor area of 89 sq meters (957 sq feet).