£391,949
This estimated value is based upon the latest sale price for the house of £318,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £318,000 | 14 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 February 2020 the House Price Index for CARDIFF was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £318,000 results in an estimated price of approximately £391,949.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £318,000 | £73,949 | £391,949 |
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 | -27.110 % | £-86,209 | £231,790 |
| 3 Month Average | 10.649 % | £33,864 | £351,864 |
| 6 Month Average | 22.818 % | £72,560 | £390,560 |
| 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 |
| 9 Oct 2023 | £312,088 | £305,000 | 21 FORSYTHIA DRIVE |
| 10 Aug 2023 | £366,612 | £360,000 | 67 FORSYTHIA DRIVE |
| 30 Nov 2022 | £383,208 | £385,000 | 7 ROBIN CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 2 May 2019. Using an estimated price of £391,950 means this house is valued at £3,350 per sq meter (£311 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 |
| Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hawfinch Close |
| Jul 2024 | Anti-social behaviour | On or near Westminster Crescent | |
| May 2024 | Anti-social behaviour | On or near Linnet Close | |
| May 2024 | Anti-social behaviour | On or near Linnet Close |