£100,927
This estimated value is based upon the latest sale price for the house of £85,000 on 8 Sep 2020. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 8 Sep 2020 |
| £73,000 | 12 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2020 the House Price Index for CARMARTHENSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £85,000 results in an estimated price of approximately £100,927.
| 8 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £85,000 | £15,927 | £100,927 |
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 | -18.186 % | £-15,458 | £69,541 |
| 3 Month Average | 24.040 % | £20,434 | £105,434 |
| 6 Month Average | 33.274 % | £28,282 | £113,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,603 | £90,000 | 15 RALPH TERRACE |
| 23 Jun 2023 | £116,410 | £115,000 | 17 RALPH TERRACE |
| 7 Feb 2023 | £124,916 | £125,000 | 49 LAKEFIELD ROAD |
| 25 Jul 2022 | £73,523 | £73,325 | 2 RALPH TERRACE |
| 13 Jun 2022 | £120,199 | £118,500 | 30 GLANMOR TERRACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Jul 2014. Using an estimated price of £100,927 means this house is valued at £1,160 per sq meter (£107 per sq foot).
The average size of a house on RALPH TERRACE is 93 sq meters (1,002 sq feet).