£475,070
This estimated value is based upon the latest sale price for the house of £402,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £402,000 | 8 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 October 2020 the House Price Index for CARDIFF was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £402,000 results in an estimated price of approximately £475,070.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £402,000 | £73,070 | £475,070 |
The Postcode Pricing Model uses changes in average sales price within the CF23 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 | -28.828 % | £-115,889 | £286,110 |
| 3 Month Average | 3.007 % | £12,088 | £414,088 |
| 6 Month Average | 13.912 % | £55,925 | £457,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £379,500 | £379,500 | 8B WORCESTER HOUSE CYNCOED GARDENS |
| 10 Apr 2024 | £378,285 | £375,000 | 76 CARISBROOKE WAY |
| 1 Sep 2023 | £633,975 | £620,000 | 1 PEN Y LAN OVAL |
| 24 Aug 2023 | £381,888 | £375,000 | FLAT 8 MONMOUTH HOUSE CYNCOED GARDENS |
| 29 Jun 2023 | £372,464 | £365,000 | 9 WORCESTER HOUSE CYNCOED GARDENS |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 14 Jul 2020. Using an estimated price of £475,070 means this house is valued at £3,493 per sq meter (£324 per sq foot).
The average size of a house on CARISBROOKE WAY is 100 sq meters (1,084 sq feet).