£137,648
This estimated value is based upon the latest sale price for the house of £102,500 on 27 May 2016. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £102,500 | 27 May 2016 |
| £112,000 | 4 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 May 2016 the House Price Index for CARDIFF 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 £102,500 results in an estimated price of approximately £137,648.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £102,500 | £35,148 | £137,648 |
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 | 55.601 % | £56,990 | £159,490 |
| 3 Month Average | 22.331 % | £22,889 | £125,389 |
| 6 Month Average | 39.056 % | £40,032 | £142,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £222,849 | £220,000 | 16 HEREFORD STREET |
| 31 Aug 2023 | £181,589 | £180,000 | 69 HEREFORD STREET |
| 6 Jul 2023 | £141,910 | £140,000 | 41 HEREFORD STREET |
| 24 Feb 2023 | £232,344 | £232,500 | 27 SOMERSET STREET |
| 16 Feb 2023 | £159,892 | £160,000 | 55 COMPTON STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 27 Jul 2021. Using an estimated price of £137,649 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on SOMERSET STREET is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Somerset Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wedmore Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Compton Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hereford Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereford Street |