£127,781
This estimated value is based upon the latest sale price for the house of £70,500 on 3 Nov 2005. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,500 | 3 Nov 2005 |
| £47,000 | 27 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2005 the House Price Index for CARMARTHENSHIRE was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £70,500 results in an estimated price of approximately £127,781.
| 3 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £70,500 | £57,281 | £127,781 |
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 | 30.707 % | £21,648 | £92,148 |
| 3 Month Average | 41.120 % | £28,989 | £99,489 |
| 6 Month Average | 34.417 % | £24,264 | £94,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £91,166 | £90,000 | 56 ANDREW STREET |
| 23 Aug 2023 | £69,609 | £69,000 | 25 SWANSEA ROAD |
| 21 Apr 2023 | £75,816 | £75,000 | 19 SWANSEA ROAD |
| 15 Mar 2023 | £80,761 | £80,000 | 36A SWANSEA ROAD |
| 22 Jun 2022 | £116,648 | £115,000 | 28 JAMES STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Nov 2014. Using an estimated price of £127,781 means this house is valued at £1,907 per sq meter (£177 per sq foot).
The average size of a house on SWANSEA ROAD is 89 sq meters (963 sq feet).