£1,258,471
This estimated value is based upon the latest sale price for the house of £750,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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| Price Paid | Date |
|---|---|
| £750,000 | 14 Jun 2013 |
| Detached |
| Freehold |
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 June 2013 the House Price Index for SWANSEA was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £750,000 results in an estimated price of approximately £1,258,471.
| 14 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £750,000 | £508,471 | £1,258,471 |
The Postcode Pricing Model uses changes in average sales price within the SA3 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 | 41.396 % | £310,472 | £1,060,472 |
| 3 Month Average | 30.279 % | £227,094 | £977,094 |
| 6 Month Average | 42.075 % | £315,560 | £1,065,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £134,060 | £132,000 | FLAT 4 GILBERTSCLIFFE SOUTHWARD LANE |
| 13 Dec 2023 | £138,764 | £134,500 | FLAT 1 GILBERTSCLIFFE SOUTHWARD LANE |
| 29 Jun 2023 | £163,272 | £160,000 | FLAT 23 GILBERTSCLIFFE SOUTHWARD LANE |
| 21 Apr 2023 | £101,906 | £100,000 | FLAT 26 GILBERTSCLIFFE SOUTHWARD LANE |
| 14 Oct 2022 | £119,601 | £120,000 | FLAT 6 GILBERTSCLIFFE SOUTHWARD LANE |