£105,287
This estimated value is based upon the latest sale price for the house of £48,000 on 1 Dec 2003. This value is then adjusted by the current Official House Price Index for RHONDDA CYNON TAFF 1
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Price Paid | Date |
---|---|
£48,000 | 1 Dec 2003 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for RHONDDA CYNON TAFF to estimate the market value.
When this house was purchased in December 2003 the House Price Index for RHONDDA CYNON TAFF was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £48,000 results in an estimated price of approximately £105,287.
1 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £48,000 | £57,287 | £105,287 |
The Postcode Pricing Model uses changes in average sales price within the CF45 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 | 117.472 % | £56,386 | £104,386 |
3 Month Average | 202.956 % | £97,419 | £145,419 |
6 Month Average | 185.633 % | £89,103 | £137,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £81,636 | £80,000 | 8 MOUNT PLEASANT COTTAGES |
20 Mar 2023 | £97,630 | £96,000 | 12 VICTORIA STREET |
22 Jul 2022 | £93,941 | £93,000 | 18 OAKLAND STREET |
20 May 2022 | £102,675 | £100,000 | 47 MOUNT PLEASANT TERRACE |
19 May 2022 | £90,354 | £88,000 | 44 MOUNT PLEASANT TERRACE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Aug 2018. Using an estimated price of £105,288 means this house is valued at £1,316 per sq meter (£122 per sq foot).
The average size of a house on MOUNT PLEASANT TERRACE is 87 sq meters (945 sq feet).