£284,324
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Feb 2006. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2006 the House Price Index for CARMARTHENSHIRE was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £160,000 results in an estimated price of approximately £284,324.
| 28 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £160,000 | £124,324 | £284,324 |
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 | 24.755 % | £39,608 | £199,608 |
| 3 Month Average | 28.849 % | £46,158 | £206,158 |
| 6 Month Average | 26.740 % | £42,783 | £202,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £225,000 | £225,000 | MILLSTREAM COTTAGE MILLBROOK CRESCENT |
| 28 Jul 2023 | £217,933 | £215,000 | 13 THE GROVE |
| 17 Nov 2022 | £212,427 | £215,000 | FOUNTAIN HALL FARM FOUNTAIN HALL TERRACE |
| 9 Jun 2022 | £234,311 | £231,000 | 18 ST NONS AVENUE |
| 8 Jun 2022 | £199,824 | £197,000 | 4 NANT YR ARIAN |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 11 Aug 2015. Using an estimated price of £284,325 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on THE GROVE is 103 sq meters (1,109 sq feet).