£139,348
This estimated value is based upon the latest sale price for the house of £140,000 on 4 Nov 2022. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £140,000 | 4 Nov 2022 |
| £135,750 | 31 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 November 2022 the House Price Index for CARDIFF was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £140,000 results in an estimated price of approximately £139,348.
| 4 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £140,000 | £-651 | £139,348 |
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 | 7.798 % | £10,916 | £150,916 |
| 3 Month Average | 10.167 % | £14,233 | £154,233 |
| 6 Month Average | 18.667 % | £26,133 | £166,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £139,348 | £140,000 | 16 FFORDD JAMES MCGHAN |
| 18 Oct 2022 | £114,617 | £115,000 | 27 SEAGER DRIVE |
| 28 Sep 2022 | £159,893 | £160,000 | 10 FFORDD JAMES MCGHAN |
| 16 Jun 2022 | £137,949 | £135,000 | 53 SEAGER DRIVE |
| 1 Apr 2022 | £143,683 | £138,500 | 25 MOREL COURT |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Aug 2021. Using an estimated price of £139,348 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on FFORDD JAMES MCGHAN is 59 sq meters (643 sq feet).