£119,148
This estimated value is based upon the latest sale price for the house of £117,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
There has been one burglary within the last year on or near Margam Place
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| Price Paid | Date |
|---|---|
| £117,000 | 18 Aug 2023 |
| £80,000 | 6 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2023 the House Price Index for CARMARTHENSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £117,000 results in an estimated price of approximately £119,148.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £117,000 | £2,148 | £119,148 |
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 | 4.191 % | £4,903 | £121,903 |
| 3 Month Average | -1.962 % | £-2,295 | £114,704 |
| 6 Month Average | 1.052 % | £1,230 | £118,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £90,788 | £90,000 | 80 MANSEL STREET |
| 10 Nov 2023 | £107,735 | £105,000 | 13 RICE STREET |
| 4 Oct 2023 | £87,999 | £86,000 | 8 CHRISTOPHER STREET |
| 18 Aug 2023 | £119,149 | £117,000 | 5 MARGAM PLACE |
| 7 Aug 2023 | £127,296 | £125,000 | 1 PEN Y BIGYN |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 24 Aug 2015. Using an estimated price of £119,149 means this house is valued at £945 per sq meter (£87 per sq foot).
The average size of a house on MARGAM PLACE is 106 sq meters (1,146 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Margam Place |
| Aug 2024 | Burglary | Awaiting court outcome | On or near Margam Place |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rice Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rice Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rice Street |