23

£85,163

Full Address

23
PROSPECT ROAD
CARMARTHEN
CARMARTHENSHIRE
UNITED KINGDOM
SA33 4UD

Estimated Market Value

£85,163

This estimated value is based upon the latest sale price for the house of £15,000 on 22 Feb 1996. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1

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Transactions for this house
Price PaidDate
£15,00022 Feb 1996
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 1996 the House Price Index for CARMARTHENSHIRE was 26.4.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.

Applying this 467.755% change to the original purchase price of £15,000 results in an estimated price of approximately £85,163.

22 Feb 1996 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
26.4 149.7 467.755 % £15,000 £70,163 £85,163

The Postcode Pricing Model uses changes in average sales price within the SA33 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 975.746 % £146,361 £161,361
3 Month Average 507.549 % £76,132 £91,132
6 Month Average 424.880 % £63,732 £78,732
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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