£80,050
This estimated value is based upon the latest sale price for the house of £15,000 on 14 Jan 1997. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £15,000 | 14 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 924 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 January 1997 the House Price Index for CARMARTHENSHIRE was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £15,000 results in an estimated price of approximately £80,050.
| 14 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £15,000 | £65,050 | £80,050 |
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 | 223.052 % | £33,457 | £48,457 |
| 3 Month Average | 308.919 % | £46,337 | £61,337 |
| 6 Month Average | 304.494 % | £45,674 | £60,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £107,944 | £107,000 | 37 CAROLINE STREET |
| 18 Jul 2023 | £91,228 | £90,000 | 8 CATHERINE STREET |
| 6 Apr 2023 | £70,711 | £69,950 | GROUND FLOOR FLAT 53 GLANMOR ROAD |
| 17 Feb 2023 | £119,919 | £120,000 | 18 GLANMOR ROAD |
| 16 Sep 2022 | £123,999 | £125,000 | 10 NELSON TERRACE |
This house has a floor area of 85 sq meters or 924 sq feet when measured on 2 Nov 2011. Using an estimated price of £80,050 means this house is valued at £931 per sq meter (£86 per sq foot).
The average size of a house on MARINE STREET is 135 sq meters (1,463 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (924 sq feet).