£312,107
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Jul 2018. This value is then adjusted by the current Official House Price Index for CARDIFF 1
There has been one burglary within the last year on or near Machen Place
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Jul 2018 |
| £145,000 | 8 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,307 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 July 2018 the House Price Index for CARDIFF was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £250,000 results in an estimated price of approximately £312,107.
| 3 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £250,000 | £62,107 | £312,107 |
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 | 36.121 % | £90,301 | £340,301 |
| 3 Month Average | 61.457 % | £153,642 | £403,642 |
| 6 Month Average | 44.502 % | £111,254 | £361,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £241,614 | £240,000 | 46 MACHEN PLACE |
| 21 Nov 2022 | £199,069 | £200,000 | 46 CRADDOCK STREET |
| 22 Mar 2022 | £172,249 | £165,000 | 1 STEPHENSON STREET |
| 26 Nov 2021 | £234,247 | £215,000 | 36 CRADDOCK STREET |
| 28 Jul 2021 | £180,034 | £155,500 | FLAT 2 81 DE BURGH STREET |
This house has a floor area of 121 sq meters or 1,307 sq feet when measured on 18 Mar 2009. Using an estimated price of £312,107 means this house is valued at £2,569 per sq meter (£238 per sq foot).
The average size of a house on MACHEN PLACE is 119 sq meters (1,281 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Machen Place |
| Oct 2024 | Burglary | Under investigation | On or near Machen Place |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Machen Place |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Machen Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Machen Place |