£234,703
This estimated value is based upon the latest sale price for the house of £230,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£230,000 | 16 Jun 2023 |
£170,000 | 30 Oct 2015 |
£49,000 | 14 Feb 1997 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 June 2023 the House Price Index for CARDIFF was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £230,000 results in an estimated price of approximately £234,703.
16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £230,000 | £4,703 | £234,703 |
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 | 0.245 % | £563 | £230,563 |
3 Month Average | -3.606 % | £-8,294 | £221,705 |
6 Month Average | 2.442 % | £5,615 | £235,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £50,438 | £50,000 | 153 - 157 CRWYS ROAD |
16 Jun 2023 | £234,703 | £230,000 | 6 WHITCHURCH PLACE |
27 Mar 2023 | £183,057 | £180,000 | FLAT 1 190 CATHAYS TERRACE |
14 Mar 2023 | £167,802 | £165,000 | 87 MAY STREET |
19 Aug 2022 | £180,846 | £180,000 | 103 MAY STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Jul 2015. Using an estimated price of £234,703 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on WHITCHURCH PLACE is 97 sq meters (1,054 sq feet).