£118,210
This estimated value is based upon the latest sale price for the house of £51,000 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£51,000 | 22 Aug 2003 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 978 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 August 2003 the House Price Index for CARMARTHENSHIRE was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £51,000 results in an estimated price of approximately £118,210.
22 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £51,000 | £67,210 | £118,210 |
The Postcode Pricing Model uses changes in average sales price within the SA15 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 | 139.651 % | £71,221 | £122,221 |
3 Month Average | 160.262 % | £81,733 | £132,733 |
6 Month Average | 151.775 % | £77,404 | £128,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £100,039 | £97,500 | 31 OLD CASTLE ROAD |
29 Sep 2023 | £64,604 | £63,180 | 2 PRINCESS COURT |
21 Jun 2023 | £137,761 | £135,000 | 17 LLOYD STREET |
5 Jun 2023 | £219,397 | £215,000 | 53 QUEEN VICTORIA ROAD |
16 Feb 2023 | £83,558 | £83,000 | 13 ERW ROAD |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 16 Dec 2009. Using an estimated price of £118,211 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on ERW ROAD is 125 sq meters (1,355 sq feet).