£135,909
This estimated value is based upon the latest sale price for the house of £136,000 on 6 Sep 2022. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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| Price Paid | Date |
|---|---|
| £136,000 | 6 Sep 2022 |
| £40,000 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
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 September 2022 the House Price Index for SWANSEA was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £136,000 results in an estimated price of approximately £135,909.
| 6 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £136,000 | £-90 | £135,909 |
The Postcode Pricing Model uses changes in average sales price within the SA1 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 | 5.813 % | £7,905 | £143,905 |
| 3 Month Average | -0.578 % | £-785 | £135,214 |
| 6 Month Average | -3.711 % | £-5,046 | £130,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £160,465 | £158,000 | 5 SPRING TERRACE |
| 28 Mar 2024 | £124,919 | £123,000 | 3 RICHARDSON ROAD |
| 22 Mar 2024 | £177,731 | £175,000 | 65A ARGYLE STREET |
| 25 Oct 2023 | £159,625 | £156,000 | 19 SPRING TERRACE |
| 24 Oct 2023 | £166,276 | £162,500 | 27 ARGYLE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Jul 2017. Using an estimated price of £135,909 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on RICHARDSON ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Richardson Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Terrace |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Spring Terrace |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Spring Terrace |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Madoc Street |