£218,578
This estimated value is based upon the latest sale price for the house of £95,000 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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Price Paid | Date |
---|---|
£95,000 | 22 Aug 2003 |
Terraced |
Freehold |
Floor Area: 162 sq meters or 1,743 sq feet |
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 August 2003 the House Price Index for SWANSEA was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £95,000 results in an estimated price of approximately £218,578.
22 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 148.6 | 130.083 % | £95,000 | £123,578 | £218,578 |
The Postcode Pricing Model uses changes in average sales price within the SA1 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 | 98.035 % | £93,132 | £188,132 |
3 Month Average | 94.815 % | £90,074 | £185,074 |
6 Month Average | 108.223 % | £102,811 | £197,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £350,481 | £346,000 | 21 BROOKLANDS TERRACE |
7 Sep 2023 | £354,533 | £350,000 | 16 BROOKLANDS TERRACE |
10 Jul 2023 | £251,890 | £248,500 | 3 WOODLANDS TERRACE |
19 Jun 2023 | £156,901 | £155,000 | 113 WALTER ROAD |
16 Jun 2023 | £151,839 | £150,000 | 118 HANOVER STREET |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 26 Nov 2013. Using an estimated price of £218,579 means this house is valued at £1,349 per sq meter (£125 per sq foot).
The average size of a house on HANOVER STREET is 135 sq meters (1,453 sq feet).