£269,119
This estimated value is based upon the latest sale price for the house of £212,500 on 15 Dec 2017. 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 |
|---|---|
| £212,500 | 15 Dec 2017 |
| £144,000 | 6 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 December 2017 the House Price Index for CARDIFF was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £212,500 results in an estimated price of approximately £269,119.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £212,500 | £56,619 | £269,119 |
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 | 43.497 % | £92,430 | £304,930 |
| 3 Month Average | 40.238 % | £85,505 | £298,005 |
| 6 Month Average | 48.306 % | £102,650 | £315,150 |
| 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 132 sq meters or 1,420 sq feet when measured on 22 Apr 2014. Using an estimated price of £269,120 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on MACHEN PLACE is 119 sq meters (1,281 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 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 |