£350,594
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Jul 2017. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£275,000 | 6 Jul 2017 |
£300,000 | 19 Jan 2011 |
Detached |
Freehold |
Floor Area: 276 sq meters or 2,971 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 July 2017 the House Price Index for CARMARTHENSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £275,000 results in an estimated price of approximately £350,594.
6 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £275,000 | £75,594 | £350,594 |
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 | 41.141 % | £113,138 | £388,138 |
3 Month Average | 40.038 % | £110,103 | £385,103 |
6 Month Average | 31.117 % | £85,571 | £360,571 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £118,435 | £117,000 | 1 BURRY ROAD |
13 Feb 2023 | £309,792 | £310,000 | 63 TREM Y MYNYDD |
28 Oct 2022 | £168,189 | £170,000 | 12 BURRY ROAD |
25 Aug 2022 | £139,624 | £140,000 | 3 BURRY ROAD |
14 Apr 2022 | £221,407 | £215,000 | 34 GWSCWM PARK |
This house has a floor area of 276 sq meters or 2,971 sq feet when measured on 1 Dec 2010. Using an estimated price of £350,594 means this house is valued at £1,269 per sq meter (£117 per sq foot).
There is one other house on the street which we know the size of, this is 1 OAKLANDS CLOSE it is 242.0