£135,766
This estimated value is based upon the latest sale price for the house of £85,000 on 22 Jan 2014. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 22 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for CARMARTHENSHIRE to estimate the market value.
When this house was purchased in January 2014 the House Price Index for CARMARTHENSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £85,000 results in an estimated price of approximately £135,766.
| 22 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £85,000 | £50,766 | £135,766 |
The Postcode Pricing Model uses changes in average sales price within the SA20 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 | 242.585 % | £206,197 | £291,197 |
| 3 Month Average | 137.171 % | £116,595 | £201,595 |
| 6 Month Average | 74.720 % | £63,511 | £148,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £149,717 | £147,500 | 144 MAESGLAS |
| 28 Jul 2023 | £127,719 | £126,000 | 132 MAESGLAS |
| 20 Jul 2023 | £278,752 | £275,000 | 35 STONE STREET |
| 20 Jun 2023 | £111,349 | £110,000 | 108 MAESGLAS |
| 10 Feb 2023 | £110,925 | £111,000 | 4 VICTORIA CRESCENT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Sep 2013. Using an estimated price of £135,767 means this house is valued at £1,718 per sq meter (£159 per sq foot).
The average size of a house on MAESGLAS is 96 sq meters (1,041 sq feet).