£379,281
This estimated value is based upon the latest sale price for the house of £310,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 28 Feb 2020 |
| £305,000 | 21 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 February 2020 the House Price Index for CARMARTHENSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £310,000 results in an estimated price of approximately £379,281.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £310,000 | £69,281 | £379,281 |
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 | 45.942 % | £142,420 | £452,420 |
| 3 Month Average | 14.776 % | £45,805 | £355,805 |
| 6 Month Average | 7.425 % | £23,017 | £333,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £340,034 | £335,000 | 32 KNOLL GARDENS |
| 28 Jul 2023 | £311,695 | £307,500 | 25 TREM Y COLEG |
| 3 Apr 2023 | £188,024 | £186,000 | 4 KNOLL GARDENS |
| 27 Jan 2023 | £194,086 | £195,000 | 54 COLLEGE ROAD |
| 25 Nov 2022 | £170,930 | £173,000 | 13 KNOLL GARDENS |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 31 May 2018. Using an estimated price of £379,282 means this house is valued at £2,312 per sq meter (£214 per sq foot).
The average size of a house on TREM Y COLEG is 169 sq meters (1,822 sq feet).