£149,581
This estimated value is based upon the latest sale price for the house of £112,000 on 7 Jun 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £112,000 | 7 Jun 2016 |
| £54,000 | 16 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 June 2016 the House Price Index for CARMARTHENSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £112,000 results in an estimated price of approximately £149,581.
| 7 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £112,000 | £37,581 | £149,581 |
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 | -3.092 % | £-3,462 | £108,537 |
| 3 Month Average | 29.714 % | £33,279 | £145,279 |
| 6 Month Average | 44.083 % | £49,372 | £161,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £86,514 | £85,000 | 39 LLIEDI CRESCENT |
| 30 Aug 2023 | £191,677 | £190,000 | 75 CORPORATION AVENUE |
| 13 Jul 2023 | £73,489 | £72,500 | 57 BRYNMELYN AVENUE |
| 3 Jul 2023 | £152,046 | £150,000 | 27 CORPORATION AVENUE |
| 26 Apr 2023 | £166,796 | £165,000 | 57 LLIEDI CRESCENT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Mar 2016. Using an estimated price of £149,582 means this house is valued at £1,574 per sq meter (£146 per sq foot).
The average size of a house on CORPORATION AVENUE is 106 sq meters (1,149 sq feet).