£362,332
This estimated value is based upon the latest sale price for the house of £242,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £242,000 | 21 Nov 2014 |
| £87,000 | 12 Apr 2001 |
| £67,950 | 19 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2014 the House Price Index for CARDIFF was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £242,000 results in an estimated price of approximately £362,332.
| 21 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £242,000 | £120,332 | £362,332 |
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 | 14.804 % | £35,825 | £277,825 |
| 3 Month Average | 35.795 % | £86,623 | £328,623 |
| 6 Month Average | 35.826 % | £86,698 | £328,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £330,788 | £325,000 | 207 INVERNESS PLACE |
| 20 Sep 2023 | £425,440 | £420,000 | 163 MACKINTOSH PLACE |
| 25 Nov 2022 | £429,794 | £435,000 | 205 ARABELLA STREET |
| 17 Jun 2022 | £295,171 | £291,000 | 230 MACKINTOSH PLACE |
| 28 Jan 2022 | £363,081 | £345,000 | 45 PEN Y WAIN ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 22 Feb 2013. Using an estimated price of £362,333 means this house is valued at £3,517 per sq meter (£326 per sq foot).
The average size of a house on INVERNESS PLACE is 83 sq meters (903 sq feet).