£2,986,171
This estimated value is based upon the latest sale price for the house of £2,950,000 on 2 Jun 2023. 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 |
|---|---|
| £2,950,000 | 2 Jun 2023 |
| £2,200,000 | 22 Oct 2021 |
| £1,000,000 | 11 Jan 2006 |
| £925,000 | 17 May 2005 |
| Detached |
| Freehold |
| Floor Area: 626 sq meters or 6,738 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 June 2023 the House Price Index for THE VALE OF GLAMORGAN was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £2,950,000 results in an estimated price of approximately £2,986,171.
| 2 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £2,950,000 | £36,171 | £2,986,171 |
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 | -23.923 % | £-705,740 | £2,244,259 |
| 3 Month Average | -12.582 % | £-371,182 | £2,578,817 |
| 6 Month Average | -2.479 % | £-73,135 | £2,876,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £307,641 | £303,500 | FLAT 4 BRIDGE HOUSE, 49 PLYMOUTH ROAD |
| 30 Jun 2023 | £1,796,764 | £1,775,000 | RED ROOFS, 1 CLIFF PARADE |
| 2 Jun 2023 | £2,986,172 | £2,950,000 | 11 MARINE PARADE |
| 10 Mar 2023 | £444,185 | £440,000 | 1 AWEL Y MOR MARINE PARADE |
| 3 Mar 2023 | £1,302,269 | £1,290,000 | 48 PLYMOUTH ROAD |
This house has a floor area of 626 sq meters or 6,738 sq feet when measured on 4 Aug 2021. Using an estimated price of £2,986,172 means this house is valued at £4,770 per sq meter (£443 per sq foot).
The average size of a house on MARINE PARADE is 226 sq meters (2,434 sq feet).
This house is the largest in the street with a floor area of 626 sq meters (6,738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Portland Close | |
| Feb 2024 | Anti-social behaviour | On or near Portland Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sully Terrace |
| Mar 2024 | Anti-social behaviour | On or near Archer Terrace |