£128,207
This estimated value is based upon the latest sale price for the house of £127,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£127,000 | 17 Mar 2023 |
£82,000 | 9 Jul 2012 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 2023 the House Price Index for CARMARTHENSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £127,000 results in an estimated price of approximately £128,207.
17 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £127,000 | £1,207 | £128,207 |
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 | 3.910 % | £4,965 | £131,965 |
3 Month Average | -9.814 % | £-12,464 | £114,535 |
6 Month Average | -6.530 % | £-8,292 | £118,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £107,154 | £106,000 | 7 CAE TERRACE |
17 Mar 2023 | £128,208 | £127,000 | 7 PENCAE TERRACE |
10 Mar 2023 | £104,989 | £104,000 | 9 PENCAE TERRACE |
10 Nov 2022 | £98,803 | £100,000 | 53 PENALLT ROAD |
26 Aug 2022 | £84,772 | £85,000 | 23 PENYWARC ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 5 Aug 2015. Using an estimated price of £128,208 means this house is valued at £1,068 per sq meter (£99 per sq foot).
The average size of a house on PENCAE TERRACE is 98 sq meters (1,059 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).