£73,113
This estimated value is based upon the latest sale price for the house of £45,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for THE VALE OF GLAMORGAN 1
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| Price Paid | Date |
|---|---|
| £45,000 | 22 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 sq feet |
This model uses changes in the Official Land Registry House Price Index for THE VALE OF GLAMORGAN to estimate the market value.
When this house was purchased in November 2013 the House Price Index for THE VALE OF GLAMORGAN was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £45,000 results in an estimated price of approximately £73,113.
| 22 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £45,000 | £28,113 | £73,113 |
The Postcode Pricing Model uses changes in average sales price within the CF62 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 | 67.292 % | £30,281 | £75,281 |
| 3 Month Average | 52.112 % | £23,450 | £68,450 |
| 6 Month Average | 55.270 % | £24,871 | £69,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £184,223 | £181,000 | 19 LOMBARD STREET |
| 27 Mar 2023 | £131,236 | £130,000 | 8 BERYL ROAD |
| 11 Mar 2022 | £196,890 | £190,000 | 13 LOMBARD STREET |
| 2 Nov 2021 | £270,324 | £249,950 | 9 BUTTRILLS ROAD |
| 14 Oct 2021 | £243,425 | £220,000 | 106 BROAD STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Nov 2013. Using an estimated price of £73,114 means this house is valued at £1,305 per sq meter (£121 per sq foot).
The average size of a house on BUTTRILLS ROAD is 109 sq meters (1,175 sq feet).