£180,533
This estimated value is based upon the latest sale price for the house of £146,500 on 9 Oct 2018. This value is then adjusted by the current Official House Price Index for CEREDIGION 1
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Price Paid | Date |
---|---|
£146,500 | 9 Oct 2018 |
£138,450 | 25 Apr 2014 |
£53,000 | 14 Apr 2000 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 October 2018 the House Price Index for CEREDIGION was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £146,500 results in an estimated price of approximately £180,533.
9 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £146,500 | £34,033 | £180,533 |
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 | 20.909 % | £30,631 | £177,131 |
3 Month Average | 21.608 % | £31,655 | £178,155 |
6 Month Average | 20.159 % | £29,533 | £176,033 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £346,055 | £340,000 | LLYS YR ESGOB |
21 Sep 2023 | £308,950 | £305,000 | OLD MILL BAKERY |
11 Aug 2023 | £159,394 | £158,000 | OMIA |
22 Feb 2023 | £201,364 | £201,500 | TYTWT |
5 Aug 2022 | £169,544 | £170,000 | ARDDBORI STRYD-YR-EGLWYS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 19 Apr 2012. Using an estimated price of £180,533 means this house is valued at £2,028 per sq meter (£188 per sq foot).
The average size of a house on BRIDGE STREET is 165 sq meters (1,784 sq feet).