£219,682
This estimated value is based upon the latest sale price for the house of £165,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 26 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,174 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 August 2016 the House Price Index for CARMARTHENSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £165,000 results in an estimated price of approximately £219,682.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £165,000 | £54,682 | £219,682 |
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 | 39.801 % | £65,671 | £230,671 |
| 3 Month Average | 57.187 % | £94,359 | £259,359 |
| 6 Month Average | 47.529 % | £78,423 | £243,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £269,719 | £265,000 | 98 GELLI ROAD |
| 29 Sep 2023 | £146,878 | £145,000 | 10 LEWIS CRESCENT |
| 16 Jun 2023 | £86,042 | £85,000 | 14 LON CEIRIOG |
| 22 Mar 2023 | £116,094 | £115,000 | 47 BRYNSIERFEL |
| 10 Mar 2023 | £112,056 | £111,000 | 61 DWYFOR |
This house has a floor area of 109 sq meters or 1,174 sq feet when measured on 17 Feb 2009. Using an estimated price of £219,682 means this house is valued at £2,013 per sq meter (£187 per sq foot).
The average size of a house on GELLI ROAD is 106 sq meters (1,142 sq feet).