£246,666
This estimated value is based upon the latest sale price for the house of £148,000 on 14 May 2013. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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| Price Paid | Date |
|---|---|
| £148,000 | 14 May 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 May 2013 the House Price Index for SWANSEA was 88.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 66.667%.Applying this 66.667% change to the original purchase price of £148,000 results in an estimated price of approximately £246,666.
| 14 May 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.0 | 66.667 % | £148,000 | £98,666 | £246,666 |
The Postcode Pricing Model uses changes in average sales price within the SA2 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 | 42.235 % | £62,507 | £210,507 |
| 3 Month Average | 34.341 % | £50,824 | £198,824 |
| 6 Month Average | 37.987 % | £56,220 | £204,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £230,000 | £230,000 | 24 SUMMERLAND PARK |
| 9 Aug 2023 | £256,560 | £255,000 | 27 SPRINGFIELD AVENUE |
| 12 Jun 2023 | £317,575 | £315,000 | 87 SUMMERLAND PARK |
| 28 Apr 2023 | £191,423 | £190,000 | 48 SUMMERLAND PARK |
| 15 Jul 2022 | £322,564 | £323,000 | 63 SUMMERLAND PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerland Park |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerland Park |