£297,218
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£225,000 | 15 Dec 2016 |
£155,000 | 27 Sep 2006 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2016 the House Price Index for CARDIFF was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £225,000 results in an estimated price of approximately £297,218.
15 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £225,000 | £72,218 | £297,218 |
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 | 61.885 % | £139,241 | £364,241 |
3 Month Average | 35.161 % | £79,111 | £304,111 |
6 Month Average | 32.939 % | £74,111 | £299,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £236,500 | £236,500 | 46 ARRAN STREET |
1 Dec 2023 | £242,450 | £235,000 | 24 KEPPOCH STREET |
22 Nov 2023 | £215,469 | £210,000 | 3 KINCRAIG STREET |
6 Apr 2023 | £302,661 | £297,000 | 23 ARRAN STREET |
15 Mar 2023 | £265,433 | £261,000 | 39 ARRAN STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 26 Nov 2012. Using an estimated price of £297,219 means this house is valued at £2,653 per sq meter (£246 per sq foot).
The average size of a house on KINCRAIG STREET is 120 sq meters (1,300 sq feet).