£120,718
This estimated value is based upon the latest sale price for the house of £74,300 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £74,300 | 29 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 November 2013 the House Price Index for CARMARTHENSHIRE was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £74,300 results in an estimated price of approximately £120,718.
| 29 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £74,300 | £46,418 | £120,718 |
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 | 14.981 % | £11,130 | £85,430 |
| 3 Month Average | 32.121 % | £23,865 | £98,165 |
| 6 Month Average | 33.514 % | £24,900 | £99,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £192,855 | £190,000 | 16 RIDGEWOOD PARK |
| 22 Sep 2023 | £172,202 | £170,000 | 68 RIDGEWOOD PARK |
| 22 Sep 2023 | £106,360 | £105,000 | 104 TIR CAPEL |
| 18 Aug 2023 | £232,030 | £230,000 | 3 CAPEL ROAD |
| 8 Aug 2023 | £181,589 | £180,000 | 38 RIDGEWOOD PARK |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 11 Jun 2012. Using an estimated price of £120,719 means this house is valued at £1,068 per sq meter (£99 per sq foot).
The average size of a house on CAPEL ISAF ROAD is 134 sq meters (1,447 sq feet).