£528,389
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Dec 2016. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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| Price Paid | Date |
|---|---|
| £400,000 | 1 Dec 2016 |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for SWANSEA to estimate the market value.
When this house was purchased in December 2016 the House Price Index for SWANSEA was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £400,000 results in an estimated price of approximately £528,389.
| 1 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £400,000 | £128,389 | £528,389 |
The Postcode Pricing Model uses changes in average sales price within the SA7 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 | 7.835 % | £31,340 | £431,340 |
| 3 Month Average | 34.310 % | £137,239 | £537,239 |
| 6 Month Average | 32.451 % | £129,802 | £529,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £130,000 | £130,000 | 346 JERSEY ROAD |
| 1 Dec 2023 | £51,585 | £50,000 | UNIT 6B LION WAY |
| 24 Nov 2023 | £189,818 | £185,000 | UNIT 21 PENRICE COURT |
| 27 Oct 2023 | £46,046 | £45,000 | UNIT 1 DRAGON AUTO CENTRE PHOENIX WAY |
| 9 Oct 2023 | £143,254 | £140,000 | UNIT 17 TAWE BUSINESS VILLAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Phoenix Way |
| Apr 2024 | Public order | Under investigation | On or near Phoenix Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Phoenix Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lion Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Lion Way |