£656,070
This estimated value is based upon the latest sale price for the house of £480,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for PEMBROKESHIRE 1
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Price Paid | Date |
---|---|
£480,000 | 15 Jan 2016 |
Terraced |
Freehold |
Floor Area: 234 sq meters or 2,518 sq feet |
This model uses changes in the Official Land Registry House Price Index for PEMBROKESHIRE to estimate the market value.
When this house was purchased in January 2016 the House Price Index for PEMBROKESHIRE was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £480,000 results in an estimated price of approximately £656,070.
15 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.0 | 36.681 % | £480,000 | £176,070 | £656,070 |
The Postcode Pricing Model uses changes in average sales price within the SA42 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 | -39.535 % | £-189,767 | £290,232 |
3 Month Average | 67.190 % | £322,511 | £802,511 |
6 Month Average | 24.588 % | £118,021 | £598,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £147,796 | £145,000 | PENPWMP UPPER ST MARY STREET |
14 Apr 2023 | £478,557 | £475,000 | DOL-Y-COED EAST STREET |
31 Mar 2023 | £412,228 | £410,000 | GLENELVIN EAST STREET |
30 Sep 2022 | £681,709 | £690,000 | NEWPORT SURGERY LONG STREET |
26 Aug 2022 | £422,148 | £425,000 | ROCK COTTAGE, 3 CHURCH STREET |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 3 Dec 2015. Using an estimated price of £656,070 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on MARKET STREET is 239 sq meters (2,576 sq feet).