£120,855
This estimated value is based upon the latest sale price for the house of £98,500 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£98,500 | 2 Sep 2019 |
£60,000 | 13 Apr 2017 |
£51,500 | 16 Oct 2003 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 2019 the House Price Index for CARMARTHENSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £98,500 results in an estimated price of approximately £120,855.
2 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £98,500 | £22,355 | £120,855 |
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 | 13.651 % | £13,445 | £111,945 |
3 Month Average | 15.946 % | £15,707 | £114,207 |
6 Month Average | 19.092 % | £18,805 | £117,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £105,000 | £105,000 | 71 SWANSEA ROAD |
15 Aug 2023 | £105,927 | £105,000 | 112 SWANSEA ROAD |
28 Jul 2023 | £94,269 | £93,000 | 49 SWANSEA ROAD |
21 Apr 2023 | £75,816 | £75,000 | 19 SWANSEA ROAD |
17 Mar 2023 | £108,522 | £107,500 | 33 SWANSEA ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Dec 2016. Using an estimated price of £120,856 means this house is valued at £1,328 per sq meter (£123 per sq foot).
The average size of a house on SWANSEA ROAD is 89 sq meters (963 sq feet).