£281,561
This estimated value is based upon the latest sale price for the house of £232,500 on 22 Jun 2020. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,500 | 22 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2020 the House Price Index for CARMARTHENSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £232,500 results in an estimated price of approximately £281,561.
| 22 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £232,500 | £49,061 | £281,561 |
The Postcode Pricing Model uses changes in average sales price within the SA33 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 | -1.407 % | £-3,271 | £229,228 |
| 3 Month Average | 19.849 % | £46,148 | £278,648 |
| 6 Month Average | 12.673 % | £29,465 | £261,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £176,615 | £174,000 | 8 PARC GWYN ESTATE |
| 16 Jun 2023 | £192,330 | £190,000 | 21 MAESYDDERWEN ESTATE |
| 27 Jan 2023 | £147,306 | £148,000 | CWMGWILI COTTAGE CYNWYL ROAD |
| 25 Aug 2022 | £164,557 | £165,000 | 2 MAESYDDERWEN ESTATE |
| 27 May 2022 | £173,214 | £169,950 | 16 MAESYDDERWEN ESTATE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 25 Feb 2020. Using an estimated price of £281,561 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on BLAENYCOED ROAD is 169 sq meters (1,819 sq feet).