£381,323
This estimated value is based upon the latest sale price for the house of £295,000 on 25 Apr 2017. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 25 Apr 2017 |
| £180,000 | 29 Nov 2004 |
| Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 April 2017 the House Price Index for CARMARTHENSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £295,000 results in an estimated price of approximately £381,323.
| 25 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £295,000 | £86,323 | £381,323 |
The Postcode Pricing Model uses changes in average sales price within the SA14 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 | 99.055 % | £292,210 | £587,210 |
| 3 Month Average | 83.859 % | £247,384 | £542,384 |
| 6 Month Average | 53.007 % | £156,369 | £451,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £298,821 | £295,000 | 37 PENDDERI ROAD |
| 19 Sep 2023 | £814,413 | £804,000 | PENDDERI FARM PENDDERI ROAD |
| 31 Jul 2023 | £149,005 | £147,000 | 8 MAES Y GLO |
| 30 Jun 2023 | £154,876 | £153,000 | 43 MAES Y GLO |
| 26 Apr 2023 | £189,035 | £187,000 | 71 MAES Y GLO |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 22 Jun 2016. Using an estimated price of £381,324 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on PENDDERI ROAD is 159 sq meters (1,714 sq feet).