£141,305
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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| Price Paid | Date |
|---|---|
| £115,000 | 17 Jan 2020 |
| Terraced |
| 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 January 2020 the House Price Index for SWANSEA was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £115,000 results in an estimated price of approximately £141,305.
| 17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £115,000 | £26,305 | £141,305 |
The Postcode Pricing Model uses changes in average sales price within the SA1 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 | -6.674 % | £-7,675 | £107,324 |
| 3 Month Average | 7.857 % | £9,035 | £124,035 |
| 6 Month Average | 12.530 % | £14,408 | £129,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £61,952 | £61,000 | 49 GOMER ROAD |
| 24 Nov 2023 | £148,777 | £145,000 | 6 WEBBONS WAY |
| 9 Oct 2023 | £53,208 | £52,000 | 21 GWENT ROAD |
| 28 Sep 2023 | £184,057 | £180,000 | VALLEY METAL RECYCLING UNIT 1 WEBBONS WAY |
| 3 Mar 2023 | £107,800 | £106,000 | 151 GORS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Golwg Yr Allt |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gwent Gardens |
| Sep 2024 | Anti-social behaviour | On or near Gors Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Gors Avenue | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gors Avenue |