£354,367
This estimated value is based upon the latest sale price for the house of £352,000 on 28 Feb 2023. 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 |
|---|---|
| £352,000 | 28 Feb 2023 |
| £290,000 | 17 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2023 the House Price Index for THE VALE OF GLAMORGAN was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £352,000 results in an estimated price of approximately £354,367.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £352,000 | £2,367 | £354,367 |
The Postcode Pricing Model uses changes in average sales price within the CF64 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 | -14.297 % | £-50,323 | £301,676 |
| 3 Month Average | 10.242 % | £36,052 | £388,052 |
| 6 Month Average | 11.909 % | £41,919 | £393,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £181,577 | £180,000 | 16 PEARSE CLOSE |
| 8 Mar 2024 | £337,688 | £332,500 | 37 PEARSE CLOSE |
| 25 Sep 2023 | £904,949 | £885,000 | 12 TREM Y BAE |
| 23 Mar 2023 | £294,925 | £290,000 | 142 PLASSEY STREET |
| 28 Feb 2023 | £354,367 | £352,000 | 6 GIBSON WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Mar 2014. Using an estimated price of £354,367 means this house is valued at £3,474 per sq meter (£322 per sq foot).
The average size of a house on GIBSON WAY is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Gibson Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibson Way |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Gibson Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pearse Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Pearse Close |