£204,224
This estimated value is based upon the latest sale price for the house of £155,000 on 23 Nov 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 23 Nov 2016 |
| £138,500 | 15 Dec 2006 |
| £37,000 | 27 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 £155,000 results in an estimated price of approximately £204,224.
| 23 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £155,000 | £49,224 | £204,224 |
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 % | £30,330 | £185,330 |
| 3 Month Average | 34.116 % | £52,879 | £207,879 |
| 6 Month Average | 27.411 % | £42,487 | £197,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,096 | £230,000 | 9 HIGH MEAD AVENUE |
| 18 Aug 2023 | £216,897 | £215,000 | 224 FELINFOEL ROAD |
| 14 Jul 2023 | £171,306 | £169,000 | 107 CORPORATION AVENUE |
| 6 Apr 2023 | £111,197 | £110,000 | 98 CORPORATION AVENUE |
| 5 Apr 2023 | £149,611 | £148,000 | 1 MAESLLIEDI |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Apr 2012. Using an estimated price of £204,224 means this house is valued at £1,982 per sq meter (£184 per sq foot).
The average size of a house on GOWER VIEW is 118 sq meters (1,276 sq feet).