£439,226
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£280,000 | 25 Apr 2014 |
£280,000 | 4 Jul 2007 |
£240,000 | 7 Nov 2003 |
£82,000 | 23 Oct 1997 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 April 2014 the House Price Index for CARDIFF was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £280,000 results in an estimated price of approximately £439,226.
25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £280,000 | £159,226 | £439,226 |
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 | 65.305 % | £182,855 | £462,855 |
3 Month Average | 58.962 % | £165,094 | £445,094 |
6 Month Average | 54.664 % | £153,059 | £433,059 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £257,537 | £251,000 | 20F WORDSWORTH AVENUE |
4 Oct 2023 | £248,647 | £243,000 | 4 SHELLEY WALK |
26 Jun 2023 | £520,429 | £510,000 | GROUND FLOOR FRONT FLAT 29 WORDSWORTH AVENUE |
24 Jun 2022 | £168,604 | £165,000 | FLAT 1 14 WORDSWORTH AVENUE |
17 Feb 2022 | £464,841 | £440,000 | 17 WORDSWORTH AVENUE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 15 Aug 2013. Using an estimated price of £439,226 means this house is valued at £3,513 per sq meter (£326 per sq foot).
The average size of a house on WOODLAND PLACE is 169 sq meters (1,827 sq feet).