£94,695
This estimated value is based upon the latest sale price for the house of £67,500 on 24 Nov 2015. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £67,500 | 24 Nov 2015 |
| £60,000 | 26 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2015 the House Price Index for CARDIFF was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £67,500 results in an estimated price of approximately £94,695.
| 24 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £67,500 | £27,195 | £94,695 |
The Postcode Pricing Model uses changes in average sales price within the CF24 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 | 43.040 % | £29,052 | £96,552 |
| 3 Month Average | 41.196 % | £27,807 | £95,307 |
| 6 Month Average | 35.842 % | £24,193 | £91,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2024 | £261,000 | £261,000 | 29 WILLOWS AVENUE |
| 8 Dec 2023 | £128,963 | £125,000 | 9 MERCIA ROAD |
| 16 Oct 2023 | £186,741 | £182,500 | 20 MERVYN ROAD |
| 8 Sep 2023 | £178,945 | £175,000 | 22 MEREDITH ROAD |
| 5 Sep 2023 | £163,607 | £160,000 | 54 MADOC ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Jul 2018. Using an estimated price of £94,695 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on MADOC ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meredith Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Meredith Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meredith Road |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Meredith Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Meredith Road |