£128,125
This estimated value is based upon the latest sale price for the house of £100,000 on 21 Jun 2017. This value is then adjusted by the current Official House Price Index for SWANSEA 1
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Price Paid | Date |
---|---|
£100,000 | 21 Jun 2017 |
£179,000 | 7 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for SWANSEA to estimate the market value.
When this house was purchased in June 2017 the House Price Index for SWANSEA was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £100,000 results in an estimated price of approximately £128,125.
21 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £100,000 | £28,125 | £128,125 |
The Postcode Pricing Model uses changes in average sales price within the SA1 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 | -6.244 % | £-6,243 | £93,756 |
3 Month Average | 4.406 % | £4,406 | £104,406 |
6 Month Average | 14.762 % | £14,761 | £114,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £2,118,534 | £2,100,000 | 1 - 9 COLLEGE STREET |
19 Jun 2023 | £1,705,661 | £1,685,000 | 2 OXFORD STREET |
17 Apr 2023 | £293,156 | £290,000 | 47 THE KINGSWAY |
27 Feb 2023 | £242,337 | £242,500 | 11 COLLEGE STREET |
1 Feb 2023 | £77,948 | £78,000 | APARTMENT 114 PEARL HOUSE, 43 PRINCESS WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 23 Aug 2019. Using an estimated price of £128,126 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on PRINCESS WAY is 51 sq meters (554 sq feet).