£58,063
This estimated value is based upon the latest sale price for the house of £47,000 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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| Price Paid | Date |
|---|---|
| £47,000 | 27 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 March 2019 the House Price Index for SWANSEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £47,000 results in an estimated price of approximately £58,063.
| 27 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £47,000 | £11,063 | £58,063 |
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 | -17.083 % | £-8,028 | £38,971 |
| 3 Month Average | 3.633 % | £1,707 | £48,707 |
| 6 Month Average | 12.361 % | £5,809 | £52,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 31 Mar 2023 | £201,902 | £200,000 | 135 HANOVER STREET |
| 30 Mar 2023 | £151,427 | £150,000 | 140 HANOVER STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 16 Jan 2019. Using an estimated price of £58,063 means this house is valued at £1,036 per sq meter (£96 per sq foot).
The average size of a house on CROLE STREET is 89 sq meters (966 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).