£119,505
This estimated value is based upon the latest sale price for the house of £70,750 on 2 Oct 2006. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£70,750 | 2 Oct 2006 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2006 the House Price Index for CARMARTHENSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £70,750 results in an estimated price of approximately £119,505.
2 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.912 % | £70,750 | £48,755 | £119,505 |
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 | 17.158 % | £12,139 | £82,889 |
3 Month Average | 28.175 % | £19,933 | £90,683 |
6 Month Average | 29.721 % | £21,027 | £91,777 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £107,154 | £106,000 | 7 CAE TERRACE |
17 Mar 2023 | £128,208 | £127,000 | 7 PENCAE TERRACE |
10 Mar 2023 | £104,989 | £104,000 | 9 PENCAE TERRACE |
10 Nov 2022 | £98,803 | £100,000 | 53 PENALLT ROAD |
26 Aug 2022 | £84,772 | £85,000 | 23 PENYWARC ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Jul 2012. Using an estimated price of £119,506 means this house is valued at £1,614 per sq meter (£150 per sq foot).
The average size of a house on UPPER CROSS ROAD is 90 sq meters (972 sq feet).