£89,481
This estimated value is based upon the latest sale price for the house of £67,000 on 29 Jun 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £67,000 | 29 Jun 2016 |
| £75,000 | 26 Nov 2008 |
| £65,000 | 17 Nov 2005 |
| £27,000 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 35 sq meters or 382 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 June 2016 the House Price Index for CARMARTHENSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £67,000 results in an estimated price of approximately £89,481.
| 29 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £67,000 | £22,481 | £89,481 |
The Postcode Pricing Model uses changes in average sales price within the SA31 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 | 26.252 % | £17,589 | £84,589 |
| 3 Month Average | 25.961 % | £17,393 | £84,393 |
| 6 Month Average | 17.535 % | £11,748 | £78,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £136,748 | £135,000 | 36 BRYN GORWEL |
| 24 Jul 2023 | £141,910 | £140,000 | 6 BRYN GORWEL |
| 31 Mar 2023 | £137,293 | £136,000 | 18 BRO HEDYDD |
| 29 Sep 2022 | £109,119 | £110,000 | 12 BRO HEDYDD |
| 30 Aug 2022 | £151,592 | £152,000 | 14 BRO HEDYDD |
This house has a floor area of 35 sq meters or 382 sq feet when measured on 28 Feb 2012. Using an estimated price of £89,482 means this house is valued at £2,519 per sq meter (£234 per sq foot).
The average size of a house on BRYN GORWEL is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penlan Road |