£127,804
This estimated value is based upon the latest sale price for the house of £97,000 on 30 Nov 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£97,000 | 30 Nov 2016 |
£95,000 | 30 Nov 2016 |
£93,500 | 28 Nov 2013 |
£22,000 | 28 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 November 2016 the House Price Index for CARMARTHENSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £97,000 results in an estimated price of approximately £127,804.
30 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £97,000 | £30,804 | £127,804 |
The Postcode Pricing Model uses changes in average sales price within the SA18 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 | 14.624 % | £14,185 | £111,185 |
3 Month Average | 34.865 % | £33,819 | £130,819 |
6 Month Average | 35.374 % | £34,313 | £131,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £136,191 | £135,000 | 156 PENYBANC ROAD |
27 May 2022 | £157,977 | £155,000 | 161 PENYBANC ROAD |
18 Feb 2022 | £208,166 | £198,500 | 199 PENYBANC ROAD |
19 Jan 2022 | £115,765 | £110,000 | 112 PENYBANC ROAD |
29 Oct 2021 | £138,310 | £125,000 | 60 PARC FFERWS |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 24 May 2012. Using an estimated price of £127,805 means this house is valued at £1,389 per sq meter (£129 per sq foot).
The average size of a house on PENYBANC ROAD is 97 sq meters (1,047 sq feet).