£317,040
This estimated value is based upon the latest sale price for the house of £207,500 on 15 Jul 2014. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£207,500 | 15 Jul 2014 |
£175,000 | 9 May 2013 |
£180,000 | 6 Oct 2006 |
Detached |
Freehold |
Floor Area: 173 sq meters or 1,862 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 July 2014 the House Price Index for CARMARTHENSHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £207,500 results in an estimated price of approximately £317,040.
15 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £207,500 | £109,540 | £317,040 |
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 | 67.863 % | £140,815 | £348,315 |
3 Month Average | 75.655 % | £156,983 | £364,483 |
6 Month Average | 66.438 % | £137,858 | £345,358 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £131,415 | £130,000 | 3 PARC GITTO |
2 Mar 2023 | £128,208 | £127,000 | 5 TIR NEWYDD |
21 Jul 2022 | £270,729 | £270,000 | 47 PARC GITTO |
27 Apr 2022 | £133,359 | £129,500 | 14 LLWYNHENDY ROAD |
11 Apr 2022 | £5,149 | £5,000 | 38 TIR EINON |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 15 Jan 2013. Using an estimated price of £317,040 means this house is valued at £1,832 per sq meter (£170 per sq foot).
The average size of a house on PARC GITTO is 117 sq meters (1,268 sq feet).
This house is the largest in the street with a floor area of 173 sq meters (1,862 sq feet).