£112,324
This estimated value is based upon the latest sale price for the house of £20,000 on 4 Jul 1996. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £20,000 | 4 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 1996 the House Price Index for CARDIFF was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £20,000 results in an estimated price of approximately £112,324.
| 4 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £20,000 | £92,324 | £112,324 |
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 | 216.632 % | £43,326 | £63,326 |
| 3 Month Average | 331.264 % | £66,252 | £86,252 |
| 6 Month Average | 366.321 % | £73,264 | £93,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £6,939,059 | £6,800,000 | 29 LAKE ROAD WEST |
| 13 Apr 2023 | £252,727 | £248,000 | APARTMENT 3 LAKE PARK HOUSE SHIRLEY ROAD |
| 31 Mar 2023 | £432,218 | £425,000 | 27 CLUN TERRACE |
| 13 Jan 2023 | £360,964 | £360,000 | 147 MALEFANT STREET |
| 20 Jun 2022 | £245,242 | £240,000 | 153 MALEFANT STREET |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 27 Apr 2015. Using an estimated price of £112,324 means this house is valued at £649 per sq meter (£60 per sq foot).
The average size of a house on FAIROAK ROAD is 166 sq meters (1,792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ambleside Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Ambleside Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shirley Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shirley Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Shirley Road |