£79,946
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for POWYS 1
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Price Paid | Date |
---|---|
£80,000 | 20 Feb 2023 |
£57,500 | 11 Sep 2015 |
£74,900 | 23 Nov 2006 |
£52,000 | 25 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 2023 the House Price Index for POWYS was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £80,000 results in an estimated price of approximately £79,946.
20 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £80,000 | £-53 | £79,946 |
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 | -34.741 % | £-27,792 | £52,207 |
3 Month Average | 12.544 % | £10,035 | £90,035 |
6 Month Average | 45.554 % | £36,443 | £116,443 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £55,000 | £55,000 | FLAT 7 GRANVILLE PARK TERRACE |
17 Apr 2023 | £126,361 | £125,000 | MALDWYN MONTPELLIER PARK |
20 Feb 2023 | £219,852 | £220,000 | THE EYRIE ALEXANDRA TERRACE |
20 Feb 2023 | £79,946 | £80,000 | FLAT 2 THE GLEN MONTPELLIER PARK |
29 Jul 2022 | £80,216 | £80,000 | 4 ORIELTON TEMPLE DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Sep 2014. Using an estimated price of £79,946 means this house is valued at £974 per sq meter (£90 per sq foot).
The average size of a house on MONTPELLIER PARK is 155 sq meters (1,678 sq feet).