£166,728
This estimated value is based upon the latest sale price for the house of £118,500 on 27 Oct 2015. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£118,500 | 27 Oct 2015 |
£118,500 | 27 Oct 2015 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 October 2015 the House Price Index for CARMARTHENSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £118,500 results in an estimated price of approximately £166,728.
27 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £118,500 | £48,228 | £166,728 |
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 | 10.647 % | £12,616 | £131,116 |
3 Month Average | 31.466 % | £37,287 | £155,787 |
6 Month Average | 29.149 % | £34,541 | £153,041 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £173,027 | £170,000 | 25 COEDCAE ROAD |
1 Nov 2023 | £192,855 | £190,000 | 16 RIDGEWOOD PARK |
22 Sep 2023 | £172,202 | £170,000 | 68 RIDGEWOOD PARK |
8 Aug 2023 | £181,589 | £180,000 | 38 RIDGEWOOD PARK |
18 Jul 2023 | £179,922 | £177,500 | 36 RIDGEWOOD PARK |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Jul 2015. Using an estimated price of £166,728 means this house is valued at £1,667 per sq meter (£154 per sq foot).
The average size of a house on RIDGEWOOD PARK is 102 sq meters (1,102 sq feet).