£204,823
This estimated value is based upon the latest sale price for the house of £172,500 on 7 Sep 2020. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£172,500 | 7 Sep 2020 |
£153,500 | 18 Jan 2019 |
£130,000 | 28 May 2004 |
£26,000 | 30 Jan 1998 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 September 2020 the House Price Index for CARMARTHENSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £172,500 results in an estimated price of approximately £204,823.
7 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £172,500 | £32,323 | £204,823 |
The Postcode Pricing Model uses changes in average sales price within the SA18 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 | 24.508 % | £42,276 | £214,776 |
3 Month Average | 18.827 % | £32,476 | £204,976 |
6 Month Average | 26.516 % | £45,739 | £218,239 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £136,191 | £135,000 | 156 PENYBANC ROAD |
27 May 2022 | £157,977 | £155,000 | 161 PENYBANC ROAD |
18 Feb 2022 | £208,166 | £198,500 | 199 PENYBANC ROAD |
19 Jan 2022 | £115,765 | £110,000 | 112 PENYBANC ROAD |
29 Oct 2021 | £138,310 | £125,000 | 60 PARC FFERWS |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 28 Jun 2018. Using an estimated price of £204,823 means this house is valued at £1,347 per sq meter (£125 per sq foot).
The average size of a house on PENYBANC ROAD is 97 sq meters (1,046 sq feet).