£206,837
This estimated value is based upon the latest sale price for the house of £139,950 on 18 Feb 2015. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£139,950 | 18 Feb 2015 |
£172,000 | 4 May 2007 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 February 2015 the House Price Index for CARMARTHENSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £139,950 results in an estimated price of approximately £206,837.
18 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £139,950 | £66,887 | £206,837 |
The Postcode Pricing Model uses changes in average sales price within the SA18 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 | 167.708 % | £234,707 | £374,657 |
3 Month Average | 72.404 % | £101,329 | £241,279 |
6 Month Average | 54.999 % | £76,970 | £216,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £136,191 | £135,000 | 156 PENYBANC ROAD |
27 May 2022 | £157,977 | £155,000 | 161 PENYBANC ROAD |
18 Feb 2022 | £208,166 | £198,500 | 199 PENYBANC ROAD |
19 Jan 2022 | £115,765 | £110,000 | 112 PENYBANC ROAD |
29 Oct 2021 | £138,310 | £125,000 | 60 PARC FFERWS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Apr 2012. Using an estimated price of £206,838 means this house is valued at £1,846 per sq meter (£171 per sq foot).
The average size of a house on PARC FFERWS is 92 sq meters (998 sq feet).