£147,720
This estimated value is based upon the latest sale price for the house of £110,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for CARMARTHENSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 27 May 2016 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2016 the House Price Index for CARMARTHENSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £110,000 results in an estimated price of approximately £147,720.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £110,000 | £37,720 | £147,720 |
The Postcode Pricing Model uses changes in average sales price within the SA34 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 | 183.762 % | £202,137 | £312,137 |
| 3 Month Average | 147.201 % | £161,921 | £271,921 |
| 6 Month Average | 92.236 % | £101,460 | £211,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £213,156 | £210,000 | TREM-Y-WAWR SPRING GARDENS |
| 30 Aug 2023 | £438,839 | £435,000 | DERWYDD SPRING GARDENS |
| 8 Mar 2023 | £161,522 | £160,000 | 60 MAES ABATY |
| 9 Feb 2023 | £224,849 | £225,000 | 7 MAES ABATY |
| 31 Jan 2023 | £257,786 | £259,000 | HAMILTON SPRING GARDENS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Apr 2016. Using an estimated price of £147,721 means this house is valued at £1,554 per sq meter (£144 per sq foot).
The average size of a house on SPRING GARDENS is 127 sq meters (1,373 sq feet).