£426,067
This estimated value is based upon the latest sale price for the house of £86,000 on 27 Oct 1997. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£86,000 | 27 Oct 1997 |
Detached |
Freehold |
Floor Area: 205 sq meters or 2,206 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 October 1997 the House Price Index for CARMARTHENSHIRE was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £86,000 results in an estimated price of approximately £426,067.
27 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £86,000 | £340,067 | £426,067 |
The Postcode Pricing Model uses changes in average sales price within the SA17 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 | 320.935 % | £276,004 | £362,004 |
3 Month Average | 322.862 % | £277,661 | £363,661 |
6 Month Average | 242.780 % | £208,790 | £294,790 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £202,590 | £200,000 | 56 MORFA MAEN |
23 Aug 2023 | £148,802 | £147,500 | 42 CAUSEWAY STREET |
18 Aug 2023 | £119,041 | £118,000 | 66 CAUSEWAY STREET |
14 Jun 2023 | £101,226 | £100,000 | 10 CAUSEWAY STREET |
12 Apr 2023 | £181,959 | £180,000 | THE GRANGE, 15 CAUSEWAY STREET |
This house has a floor area of 205 sq meters or 2,206 sq feet when measured on 30 Mar 2016. Using an estimated price of £426,068 means this house is valued at £2,078 per sq meter (£193 per sq foot).
The average size of a house on BANC PENDRE is 135 sq meters (1,461 sq feet).