£262,348
This estimated value is based upon the latest sale price for the house of £207,500 on 4 Jan 2018. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£207,500 | 4 Jan 2018 |
£60,000 | 2 Jul 1999 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 January 2018 the House Price Index for CARDIFF was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £207,500 results in an estimated price of approximately £262,348.
4 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £207,500 | £54,848 | £262,348 |
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 | -33.728 % | £-69,985 | £137,514 |
3 Month Average | 16.696 % | £34,643 | £242,143 |
6 Month Average | 27.502 % | £57,066 | £264,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £297,191 | £294,610 | 49 FORSYTHIA DRIVE |
27 Oct 2023 | £419,528 | £410,000 | 18 MAGNOLIA CLOSE |
20 Oct 2023 | £273,205 | £267,000 | 3 HYDRANGEA CLOSE |
9 Oct 2023 | £312,088 | £305,000 | 21 FORSYTHIA DRIVE |
25 Aug 2023 | £341,153 | £335,000 | 9 RHODODENDRON CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Jan 2015. Using an estimated price of £262,349 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on FORSYTHIA DRIVE is 101 sq meters (1,095 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Rhododendron Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Gardenia Close |
Jul 2024 | Drugs | Local resolution | On or near Glyn Coed Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glyn Coed Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Glyn Coed Road |