£195,975
This estimated value is based upon the latest sale price for the house of £157,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£157,000 | 13 Apr 2018 |
£156,500 | 2 Dec 2011 |
£165,000 | 25 Aug 2006 |
£72,500 | 1 Mar 2002 |
£31,000 | 3 Sep 1999 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 April 2018 the House Price Index for CARMARTHENSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £157,000 results in an estimated price of approximately £195,975.
13 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £157,000 | £38,975 | £195,975 |
The Postcode Pricing Model uses changes in average sales price within the SA16 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 | 71.703 % | £112,574 | £269,574 |
3 Month Average | 53.245 % | £83,595 | £240,595 |
6 Month Average | 26.254 % | £41,218 | £198,218 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2022 | £144,611 | £145,000 | 11 BRYNEITHIN |
13 Jul 2022 | £125,337 | £125,000 | 62 TAN Y BRYN |
31 May 2022 | £200,019 | £196,250 | 37 CLIFFE TERRACE |
28 Jan 2022 | £98,400 | £93,500 | 10 BRYNEITHIN |
10 Dec 2021 | £283,915 | £265,000 | 11 BRYNYMOR |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 21 Feb 2018. Using an estimated price of £195,976 means this house is valued at £1,567 per sq meter (£145 per sq foot).
The average size of a house on CLIFFE TERRACE is 129 sq meters (1,396 sq feet).