£193,612
This estimated value is based upon the latest sale price for the house of £167,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£167,000 | 20 Nov 2020 |
£146,000 | 27 Jan 2006 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 November 2020 the House Price Index for CARMARTHENSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £167,000 results in an estimated price of approximately £193,612.
20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £167,000 | £26,612 | £193,612 |
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 | 4.157 % | £6,942 | £173,942 |
3 Month Average | 18.620 % | £31,095 | £198,095 |
6 Month Average | 21.954 % | £36,663 | £203,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £205,769 | £203,000 | 36 GLENALLA ROAD |
21 Apr 2023 | £75,816 | £75,000 | 19 SWANSEA ROAD |
22 Jun 2022 | £116,648 | £115,000 | 28 JAMES STREET |
8 Jun 2022 | £226,399 | £223,200 | 33 GLENALLA ROAD |
5 May 2022 | £124,343 | £122,000 | 18 JAMES STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 26 Sep 2016. Using an estimated price of £193,612 means this house is valued at £1,744 per sq meter (£162 per sq foot).
The average size of a house on GLENALLA ROAD is 124 sq meters (1,341 sq feet).