£207,505
This estimated value is based upon the latest sale price for the house of £135,000 on 18 Jun 2014. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 18 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2014 the House Price Index for CARMARTHENSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £135,000 results in an estimated price of approximately £207,505.
| 18 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £135,000 | £72,505 | £207,505 |
The Postcode Pricing Model uses changes in average sales price within the SA17 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 | 62.347 % | £84,168 | £219,168 |
| 3 Month Average | 89.845 % | £121,291 | £256,291 |
| 6 Month Average | 36.645 % | £49,470 | £184,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £202,590 | £200,000 | 56 MORFA MAEN |
| 23 Aug 2023 | £148,802 | £147,500 | 42 CAUSEWAY STREET |
| 18 Aug 2023 | £119,041 | £118,000 | 66 CAUSEWAY STREET |
| 14 Jun 2023 | £101,226 | £100,000 | 10 CAUSEWAY STREET |
| 24 Mar 2023 | £297,806 | £295,000 | 19 BANC PENDRE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 31 Jan 2014. Using an estimated price of £207,505 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on MORFA MAEN is 138 sq meters (1,491 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).