£267,384
This estimated value is based upon the latest sale price for the house of £222,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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Price Paid | Date |
---|---|
£222,000 | 23 Mar 2020 |
£185,000 | 7 Jul 2017 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 2020 the House Price Index for CARMARTHENSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £222,000 results in an estimated price of approximately £267,384.
23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £222,000 | £45,384 | £267,384 |
The Postcode Pricing Model uses changes in average sales price within the SA31 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 | 20.944 % | £46,496 | £268,496 |
3 Month Average | 0.421 % | £935 | £222,935 |
6 Month Average | 4.551 % | £10,103 | £232,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £217,933 | £215,000 | 13 THE GROVE |
26 Jul 2023 | £241,754 | £238,500 | 19 ST NONS AVENUE |
12 Apr 2023 | £260,303 | £257,500 | 10 COLLEGE ROAD |
17 Feb 2023 | £99,933 | £100,000 | 13 CRISPIN AVENUE |
9 Jun 2022 | £234,311 | £231,000 | 18 ST NONS AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 31 May 2017. Using an estimated price of £267,385 means this house is valued at £2,156 per sq meter (£200 per sq foot).
The average size of a house on COLLEGE ROAD is 125 sq meters (1,350 sq feet).