£551,810
This estimated value is based upon the latest sale price for the house of £269,950 on 21 Apr 2004. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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Price Paid | Date |
---|---|
£269,950 | 21 Apr 2004 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for SWANSEA to estimate the market value.
When this house was purchased in April 2004 the House Price Index for SWANSEA was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £269,950 results in an estimated price of approximately £551,810.
21 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 148.6 | 104.412 % | £269,950 | £281,860 | £551,810 |
The Postcode Pricing Model uses changes in average sales price within the SA3 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 | 128.330 % | £346,425 | £616,375 |
3 Month Average | 65.555 % | £176,964 | £446,914 |
6 Month Average | 81.625 % | £220,346 | £490,296 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £136,895 | £134,500 | FLAT 1 GILBERTSCLIFFE SOUTHWARD LANE |
29 Sep 2023 | £488,749 | £482,500 | 18 SOUTHWARD LANE |
18 Aug 2023 | £134,174 | £133,000 | FLAT 18 GILBERTSCLIFFE SOUTHWARD LANE |
14 Jul 2023 | £158,128 | £156,000 | FLAT 9 GILBERTSCLIFFE SOUTHWARD LANE |
6 Jul 2023 | £1,054,188 | £1,040,000 | 10 SOUTHWARD LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clifflands Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Southward Lane |