£195,298
This estimated value is based upon the latest sale price for the house of £157,000 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,000 | 25 Jun 2018 |
| £75,000 | 11 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for CARMARTHENSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £157,000 results in an estimated price of approximately £195,298.
| 25 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £157,000 | £38,298 | £195,298 |
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 | 45.260 % | £71,057 | £228,057 |
| 3 Month Average | 24.207 % | £38,004 | £195,004 |
| 6 Month Average | 18.344 % | £28,799 | £185,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £111,959 | £110,000 | 39 RUSSELL TERRACE |
| 15 Sep 2023 | £136,748 | £135,000 | 36 BRYN GORWEL |
| 7 Sep 2023 | £130,671 | £129,000 | 33 RUSSELL TERRACE |
| 4 Aug 2023 | £176,544 | £175,000 | 37 BREWERY ROAD |
| 24 Jul 2023 | £141,910 | £140,000 | 6 BRYN GORWEL |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Apr 2018. Using an estimated price of £195,299 means this house is valued at £2,789 per sq meter (£259 per sq foot).
There is one other house on the street which we know the size of, this is 1 DEVEREAUX DRIVE it is 115.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cae Crug |