£236,654
This estimated value is based upon the latest sale price for the house of £218,000 on 1 Sep 2021. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £218,000 | 1 Sep 2021 |
| £182,000 | 29 Mar 2018 |
| £116,000 | 31 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 sq feet |
This model uses changes in the Official Land Registry House Price Index for CARDIFF to estimate the market value.
When this house was purchased in September 2021 the House Price Index for CARDIFF was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £218,000 results in an estimated price of approximately £236,654.
| 1 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £218,000 | £18,654 | £236,654 |
The Postcode Pricing Model uses changes in average sales price within the CF11 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 | 23.986 % | £52,288 | £270,288 |
| 3 Month Average | 80.518 % | £175,529 | £393,529 |
| 6 Month Average | 21.926 % | £47,797 | £265,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £226,493 | £221,500 | 40 WEDMORE ROAD |
| 15 Sep 2023 | £224,959 | £220,000 | 16 HEREFORD STREET |
| 11 Sep 2023 | £238,252 | £233,000 | 29 WEDMORE ROAD |
| 31 Aug 2023 | £183,306 | £180,000 | 69 HEREFORD STREET |
| 24 Feb 2023 | £234,064 | £232,500 | 27 SOMERSET STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Mar 2017. Using an estimated price of £236,654 means this house is valued at £3,333 per sq meter (£309 per sq foot).
The average size of a house on HEREFORD STREET is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Maitland Place | |
| Jun 2024 | Anti-social behaviour | On or near Maitland Place | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Maitland Place |
| May 2024 | Anti-social behaviour | On or near Maitland Place | |
| May 2024 | Anti-social behaviour | On or near Maitland Place |