£357,737
This estimated value is based upon the latest sale price for the house of £290,000 on 14 Dec 2018. 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 |
|---|---|
| £290,000 | 14 Dec 2018 |
| £165,000 | 11 Apr 2005 |
| £94,000 | 26 Apr 2002 |
| £75,000 | 18 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2018 the House Price Index for THE VALE OF GLAMORGAN was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £290,000 results in an estimated price of approximately £357,737.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £290,000 | £67,737 | £357,737 |
The Postcode Pricing Model uses changes in average sales price within the CF64 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 | 34.430 % | £99,846 | £389,846 |
| 3 Month Average | 11.263 % | £32,662 | £322,662 |
| 6 Month Average | 20.680 % | £59,971 | £349,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £405,181 | £400,000 | 7 MACHEN STREET |
| 4 Aug 2023 | £297,604 | £295,000 | 20 MACHEN STREET |
| 7 Jul 2023 | £248,342 | £245,000 | 12 RUDRY STREET |
| 19 Jun 2023 | £470,702 | £465,000 | 9 COLERIDGE AVENUE |
| 24 Nov 2022 | £296,410 | £300,000 | 16 RUDRY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Jul 2021. Using an estimated price of £357,738 means this house is valued at £5,110 per sq meter (£474 per sq foot).
The average size of a house on MACHEN STREET is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Machen Street |
| Feb 2024 | Public order | Under investigation | On or near Machen Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stanwell Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanwell Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Meliden Road |