£85,938
This estimated value is based upon the latest sale price for the house of £45,000 on 16 Sep 2004. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 16 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 33 sq meters or 355 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 2004 the House Price Index for CARMARTHENSHIRE was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £45,000 results in an estimated price of approximately £85,938.
| 16 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £45,000 | £40,938 | £85,938 |
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 | 53.068 % | £23,880 | £68,880 |
| 3 Month Average | 34.162 % | £15,373 | £60,373 |
| 6 Month Average | 45.553 % | £20,498 | £65,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £180,167 | £177,500 | 1 QUEEN STREET |
| 14 Aug 2023 | £179,067 | £177,500 | 45 KING STREET |
| 3 Aug 2023 | £166,456 | £165,000 | 32 KING STREET |
| 13 Jul 2023 | £131,774 | £130,000 | 20 LITTLE WATER STREET |
| 24 Feb 2023 | £79,946 | £80,000 | FURNACE HOUSE SURGERY ST PETERS STREET |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 12 Sep 2019. Using an estimated price of £85,938 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on SPILMAN STREET is 104 sq meters (1,129 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).