£483,998
This estimated value is based upon the latest sale price for the house of £345,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for THE VALE OF GLAMORGAN 1
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| Price Paid | Date |
|---|---|
| £345,000 | 27 Nov 2015 |
| £345,000 | 27 Nov 2015 |
| £265,000 | 21 May 2007 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 sq feet |
This model uses changes in the Official Land Registry House Price Index for THE VALE OF GLAMORGAN to estimate the market value.
When this house was purchased in November 2015 the House Price Index for THE VALE OF GLAMORGAN was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £345,000 results in an estimated price of approximately £483,998.
| 27 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £345,000 | £138,998 | £483,998 |
The Postcode Pricing Model uses changes in average sales price within the CF71 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 | 96.460 % | £332,786 | £677,786 |
| 3 Month Average | 44.997 % | £155,239 | £500,239 |
| 6 Month Average | 31.046 % | £107,109 | £452,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £257,000 | £257,000 | 7 WOLFE CLOSE |
| 28 Jun 2023 | £280,624 | £275,000 | 4 GERAINTS WAY |
| 14 Apr 2023 | £458,577 | £450,000 | 4A GERAINTS CLOSE |
| 17 Mar 2023 | £300,010 | £295,000 | 1 WOLFE CLOSE |
| 17 Feb 2023 | £332,219 | £330,000 | 7 GERAINTS CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 9 Jul 2015. Using an estimated price of £483,998 means this house is valued at £4,172 per sq meter (£387 per sq foot).
The average size of a house on GERAINTS WAY is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Bowman'S Well | |
| Jul 2024 | Anti-social behaviour | On or near Bowman'S Well | |
| Jul 2024 | Anti-social behaviour | On or near Bowman'S Well | |
| Jul 2024 | Anti-social behaviour | On or near Bowman'S Well | |
| Aug 2024 | Anti-social behaviour | On or near Darren Close |