£196,977
This estimated value is based upon the latest sale price for the house of £149,500 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£149,500 | 11 Nov 2016 |
£95,500 | 23 Apr 2004 |
£49,000 | 16 Mar 2001 |
Terraced |
Freehold |
Floor Area: 168 sq meters or 1,808 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 £149,500 results in an estimated price of approximately £196,977.
11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £149,500 | £47,477 | £196,977 |
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 | 19.568 % | £29,254 | £178,754 |
3 Month Average | 34.116 % | £51,002 | £200,502 |
6 Month Average | 27.411 % | £40,979 | £190,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jan 2023 | £159,200 | £159,950 | 9 KING GEORGE AVENUE |
23 Aug 2022 | £141,619 | £142,000 | 62 WALTERS ROAD |
12 Aug 2022 | £209,436 | £210,000 | 23 QUEEN MARYS WALK |
20 May 2022 | £165,111 | £162,000 | 18 KING GEORGE AVENUE |
1 Apr 2022 | £126,665 | £123,000 | 44 BRYNALLT TERRACE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 6 May 2016. Using an estimated price of £196,978 means this house is valued at £1,172 per sq meter (£108 per sq foot).
There is one other house on the street which we know the size of, this is 4 HEOL ELLI it is 89.0