£187,975
This estimated value is based upon the latest sale price for the house of £150,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 9 Mar 2018 |
£45,000 | 28 Oct 1999 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 March 2018 the House Price Index for CARMARTHENSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £150,000 results in an estimated price of approximately £187,975.
9 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £150,000 | £37,975 | £187,975 |
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 | 0.062 % | £92 | £150,092 |
3 Month Average | 37.067 % | £55,600 | £205,600 |
6 Month Average | 30.096 % | £45,143 | £195,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £290,075 | £285,000 | 16 CLOS YR YSGOL |
10 Nov 2023 | £160,374 | £158,000 | 65 ALBAN ROAD |
7 Feb 2023 | £194,869 | £195,000 | 44 ALBAN ROAD |
12 Aug 2022 | £179,517 | £180,000 | 52 ALBAN ROAD |
6 Jun 2022 | £289,085 | £285,000 | 21 STEBONHEATH TERRACE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 31 Oct 2017. Using an estimated price of £187,975 means this house is valued at £1,579 per sq meter (£146 per sq foot).
The average size of a house on ALBAN ROAD is 123 sq meters (1,324 sq feet).